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slamgirl [31]
3 years ago
8

You have an insurance policy with a $300 premium and a $500 deductible. How much should you expect to pay the insurance company

each month for coverage?
Business
1 answer:
Aleksandr [31]3 years ago
8 0
<h3>Hello there!</h3>

Your question asks how much you would be paying for insurance with the information given.

<h3>Answer: $300</h3>

The reason why your answer would be $300 is because that's the premium that you would be paying for. The "premium" means the amount you're paying for coverage. The premium could have different coverages that make up the price. The insurance would cover the liabilities that you might have.

People tend to get confused with deductibles. You don't pay monthly for deductibles. Deductibles are a payment that someone needs to pay before an insurance company starts paying for your needs that your coverage provides. For example, if I brake a bone, I would first pay the $500 deductible before the Insurance company starts covering my costs. This is the ensure that the insurance company gets some type of money before they start helping you.

<h3>I hope this helped you out!</h3>
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Money is used for buying and selling goods and is therefore considered what?
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B. a medium of exchange
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You decide to integrate your supply chain to cut down production time. This is an example of a(n) _________ strategy.
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When a company integrates its supply chain to allow it to improve efficiency, this is known as<u> Vertical Integration. </u>

<h3>What is vertical integration?</h3>
  • Involves acquiring a company along the supply chain.
  • Can be either forward or backward integration.

Forward integration involves acquiring a company that is further along in the supply chain such as a producer acquiring a retailer. Backward integration would be the reverse situation.

In conclusion, this is vertical integration.

Find out more on vertical integration at brainly.com/question/19815172.

5 0
2 years ago
Resource Forestry Corporation and the Service Employees International Union are sued by plaintiffs alleging job discrimination i
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Answer:

The correct answer is A

Explanation:

Civil Rights Act, 1964, under the Title VII, dealt with or states the federal law which forbid or prohibits the employers from discriminating the employees on the grounds of race, national origin, sex, color and religion.

This law applies to the employers with fifteen (15) or more number of employees, comprising of the local, federal and state government.

So, this law applies to the labor unions and the employers with at least 15 members or employees.

7 0
3 years ago
A. A banking system has a reserve ratio equal to 15%. For every $100 deposited into the banking system, the bank is required to
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Answer:

Explanation:

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3 0
3 years ago
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She however, wants to be able to withdraw yearly. This would mean that some of her positions would either need to be liquidated yearly or would have to pay a significant yearly payout.

As earlier mentioned, longer term instruments are usually locked up for long periods to be able to get the market rate. If the investor needs a yearly withdrawal from her positions, getting it from locked up positions will be a Liquidity challenge. The positions won't be easily sold and could attract a hefty fee to be liquidated and because they are locked up, they will not pay out yearly either.

5 0
3 years ago
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