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3 years ago

Insurance that pays all expenses generated by the insured activity is known as:

Business

1 answer:

maks197457 [2]3 years ago

7 0

Answer:

The answer is D. first-dollar insurance coverage.

Explanation:

First dollar insurance coverage is a kind of insurance policy that has no deductible or copay, where the insurance company starts covering costs on the first dollar claimed, and in which the insurer assumes payment the moment an insurable event happens.

While there is no deductible, the amount that the insurer will pay out is often lower when compared with similar plans which have a deductible, or the premiums for the first dollar plan will be higher.

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Suppose that you deposit? $10,000 in an account that pays? 6% interest and you want to know how much will be in your account at

dimaraw [331]

Answer:

B. =PV(.06,10,0,10000)

Explanation:

In MS Excel the formula of Present value re is as "=PV( rate, nper, pmt, [fv] )".

PV = Present value

rate = Interest rate= 6% = 0.06

nper = number of periods = 10

pmt = payment made each period = 0 in this scenario

fv = future value = 10,000

So, according to the formula the correct sequence is =PV(.06,10,0,10000)

which is correctly mentioned in option B.

3 0

3 years ago

Purple Turtle Group is analyzing a project with the following cash flows: Year Cash Flow 0 -$795,000 1 $375,000 2 $-500,000 3 $6

Phantasy [73]

Answer:

MIRR = 4.32%

Explanation:

year cash flow

0 -$795,000

1 $375,000

2 -$500,000

3 $600,000

4 $400,000

Since there are 2 cash outflows, the IRR calculation would result in two different answers (1 for every cash outflow), that is why we use the MIRR function in excel.

=MIRR (cash flows, finance rate, reinvestment rate)

=MIRR (-795000 to 400000, 5.5%, 5.5%)

Since we are only given one interest rate, we will use it as our finance rate and our reinvestment rate.

MIRR = 4.32%

6 0

3 years ago

Ben owns an ice cream shop. Last quarter's income was $9,000; his cost of goods was $575, and his total expenses were $5,000. Wh

rewona [7]

Answer:

$3,425

Explanation:

took the test

7 0

2 years ago

Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potent

Afina-wow [57]

Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential Entry modes at their disposal.

<h3>What is marketing ?</h3>

Marketing is the process of discovering, developing, and delivering value in the form of goods and services to fulfill the needs of a target market; it may also include the selection of a target audience.

Brand marketing is a method of promoting your product or service by promoting your entire brand. Essentially, it conveys the tale of your service or product by stressing your entire brand.

Distribution, finance, market research, pricing, product and service management, promotion, and selling are the seven functions of marketing in the marketing sector.

Properly studied and targeted marketing will bring in new and recurring customers.

Current and previous consumers' feedback might help identify areas for development.

To know more about marketing follow the link:

brainly.com/question/25754149

#SPJ4

4 0

1 year ago

JG Asset Services is recommending that you invest $1,500 in a 5-year certificate of deposit (CD) that pays 3.5% interest, compou

skelet666 [1.2K]

Answer:

So after 5 year total amount will be $1781.529

So option (a) is correct option

Explanation:

We have given that JG Asset is recommending that you invest $1500 for 5 years at rate of 3.5%

So principle amount P = $1500

Rate of interest r = 3.5 %

Time n = 5 years

We know that when total amount is given by

$A=P(1+\frac{5.5}{100})^n$ , here r is rate of interest and n is time period

So amount after 5 years will be

$A=1500(1+\frac{3.5}{100})^5=$1781.52$

So after 5 year total amount will be $1781.529

So option (a) is correct option

5 0

3 years ago