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viktelen [127]
4 years ago
10

Susie is thinking about changing her auto insurance policy at Fret-No-More Auto Insurance. Her current policy includes the follo

wing options: $50/100,000 limit for bodily injury, $25,000 limit for property damage, $250 deductible for collision, and $50 deductible for comprehensive. Which of the following changes would increase Susie’s limits the most without increasing her monthly premium by more than $5.00? a. Increase coverage on bodily injury to $100/300,000. b. Increase coverage on property damage to $50,000. c. Increase coverage on bodily injury to $100/300,000 and on property damage to $50,000. d. Increase coverage on bodily injury to $100/300,000 and on property damage to $100,000. Please select the best answer from the choices provided A B C D
Business
1 answer:
k0ka [10]4 years ago
7 0

Answer:

Changes that would increase Susie’s limits the most without increasing her monthly premium by more than $5.00 is Option C: Increase coverage on bodily injury to $100/300,000 and on property damage to $50,000.

Explanation:

Lower coverage does not necessarily means lower premiums.

Premium is the amount of one makes to keep his insurance policy active. Lower coverage would mean lower premium but that means there would be a few restrictions on the insurance policy while covering that policy.

Full coverage policies of the vehicle not only covers the liabilities but also the damage that occurs to the car.

If Susie increases the 'coverage' on the injury of the body to '$100/300,000' and on property damage to '$50,000', then her monthly premium would not increase from more than $5.00.

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The most desirable bundle of rights in time-sharing gives the buyer privileges to rent or sell the interest in the property. the
ratelena [41]

These rights are known as property rights. Property rights allow a person to do what they want with their property, within regulation. These are included in the bundle of rights a time-share buyer has because they are allowed to use, sell, or rent their time-share.

5 0
3 years ago
(mango electronics inc.) mango electronics inc. is a fortune 500 company that develops and markets innovative consumer electroni
Sonja [21]
1. 53.33% U = p/(a*m) = 16/(10*3) =16/30 = 53.33% 


2. Ca=10 months / 10months = 1, Cp = 32 months / 16 months = 2 Tq= (16/3)*[(0.5333)^(sqrt(2*(3+1))-¬‐1)/(1-¬‐(0.5333))]*(1^2 + 2^2)/2= 9.0 months
T= Tq + p = Tq + 16 months = 25 months


3. p = p / a = 16 / 10 = 1.6 
7 0
3 years ago
What types of should we learn in class 11 ?​
Otrada [13]

Answer:

  1. We can stop operating mobile phone
  2. we can stay in our room and read
  3. we should always be attentive
5 0
3 years ago
If a market is in equilibrium is it necessarily true that all potential buyers and sellers are satisfied with the market​ price?
pav-90 [236]

Answer:

The correct answer is "no"

Explanation:

A market equilibrium occurs in those markets where consumer demand is equal to the amount offered by companies. But they don't necessarily have to be satisfied with the market price.

For example, if a product of basic need is in high demand, the price can be raised a lot which may not result in a fair price for the customer.

On the contrary, a low price on products puts potential competitors out of the market since many times due to production costs they cannot match these prices.

5 0
4 years ago
A company is planning to purchase a machine that will cost $24,000 with a six-year life and no salvage value. The company expect
Artyom0805 [142]

Answer:

The correct option is 4 years

Explanation:

Payback period is the length of time it takes an investment to repay itself.By repaying itself I meant the time horizon taken for the initial capital outlay from a project to be recovered.

Payback period=initial investment /net annual cash inflow

initial investment is the $24,000 spent in acquiring the new machine

net annual cash flow =net income+depreciation

depreciation is added because it is not a cash flow in real  sense

net annual cash flow=$2000+$4000=$6000

payback period=$24,000/$6000= 4 years

6 0
3 years ago
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