Which provision prevents an insurer from changing the terms of the contract with the policyowner by referring to documents not f
2 answers:
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Answer: Friendly's would say that you were paying an APR of 1485.71%.
We arrive at the answer as follows
First we calculate the dollar interest on the $7 loan and the rate of interest.
This 28.5714% interest is for a loan that lasts for one week.
Since a year has 52 weeks, we can find the APR as .
Answer:
19.8%; 16.8%
Explanation:
In 2016:
Common size percentages for operating expenses:
= (Operating expenses ÷ Net sales) × 100
= (65,960 ÷ $333,800) × 100
= 0.198 × 100
= 19.8%
In 2017:
Common size percentages for operating expenses:
= (Operating expenses ÷ Net sales) × 100
= ($68,440 ÷ $407,400) × 100
= 0.1680 × 100
= 16.8%
Note:
Table is missing in this question, so i have attached the missing table.
