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3 years ago

A car insurance policy has a $500 deductible for comprehensive coverage and a $1000

2 answers:

7 0

$1500 will be paid by the Insurance policy as the accident has lead to $725 damage to John’a car which will be covered up to $500 (full amount that insurance can pay), leaving him to pay off the rest. As for the liability that is worth $1525 so insurance will pay what it can which is $1000, leaving John to pay off the remaining amount. So the insurance is paying $1500 ($500 comprehensive coverage plus $1000 liability coverage)

Alla [95]3 years ago

3 0

The answer is 1500 that’s how much insurance

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Ryan's Sparkling Jewels estimated its payroll for the coming year to be $84,000. Its workers' compensation

jarptica [38.1K]

Ryan's Sparkling Jewels estimated its payroll for the coming year to be $84,000. Its workers' compensation insurance premium rate of 0.6% is paid at the beginning of each quarter required: Calculate the estimated cost of workers' compensation insurance for the year.

Answer:

$504 per year

$126 per quarter

Explanation:

workers' compensation insurance = payroll x insurance rate.

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$504 ÷ 4 = $126 per quarter

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3 years ago

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3 years ago

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3 years ago

The management of Penfold Corporation is considering the purchase of a machine that would cost $270,000, would last for 5 years,

Lorico [155]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

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Discount rate= 12%

<u>To calculate the net present value (NPV), we need to use the following formula:</u>

NPV= -Io + ∑[Cf/(1+i)^n]

∑[Cf/(1+i)^n]:

Cf1= 60,000/1.12= 53,571.43

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Cf5= 60,000/1.12^5= 34,045.61

∑[Cf/(1+i)^n]= 216,286.57

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inysia [295]

B. Ordinal is the Equal Employment Opportunity Act which requires employers to classify their employees by gender and national origin

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