Answer:
R=407.11$
Explanation:
Since the Marie wants to contribute equal amount per month in order to get the $3,000,000 after 40 years, therefore the future value of annuity formula shall be applied to the given question to solve the problem.
Future value of annuity=R[((1+i)^n-1)/i]
R=monthly investment to be made=?
n=number of payments involved=40*12=480
i= interest rate=10.5%/12=0.875%
Future value of annuity=$3,000,000
$3,000,000=R[((1+0.875%)^480-1)/0.875%]
R=407.11$
Answer:
1. The difference between : Moral Hazard
<u>Intentions </u> - An individual is aware of what he is doing and intentionally goes for the risk because he knows he is covered and will gain as the payment or any related cost to sustaining an injury or a loss will not be paid by him but will be paid for by the insurance as it covered. Actions are intentional and potential risks increases as the behavior becomes irresponsible and careless.
Morale Hazard
<u>Intentions </u> - An individual's behavior unintentionally changes and so does the attitude toward the insured item changes. Here an individual losses responsibility unintentionally and unconsciously acts reckless as they know know it is insured.
main difference are intentions
Moral Hazard is an important concept to insurance companies because Insurance companies need to know the intentions of the person, insurance is not for gain but for cover against the possibility of a risk and the person insured should not seek for the risk and actually drive the risk or be the cause of the risk occurring.
2. No, I do not think it should be eliminate. it is obvious that moral hazard does in a way seem like it is encouraging bad behavior but risks must be insured. The insurance companies should enforce some claim charges for this kind of insurance.
Explanation:
Answer:
6%
Explanation:
According to my research on U.S Census in the 1790's, I can say that based on the information provided within the question the National Archive estimates approximately 6% were eligible for participation in the political system. Since the National Archive and Records Administration is the organization in the U.S responsible for preserving and documenting all government and historical records, then we can say that this information is valid.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Seemingly the most suitable answer is D. Paying too much attention to customer needs.
Explanation:
Ever heard the impression too much of anything is too bad? That's the case here. When too much attention is given to the customer need, the process of development get stagnated in one point and the company loses the track of their ability to produce such a "perfect" product.
The company should consider their financial.capacity and resources availability as well.
