Answer:
The personal umbrella policy is excess liability insurance that provides protection against legal liability that is over and above that provided by auto, home, and boat insurance. People with significant assets need an umbrella liability policy to cover lawsuits that can sometimes amount to millions of dollars.
The umbrella policy also has broad coverage that covers some claims that wouldn't be covered at all by home and auto insurance, such as personal injury lawsuits arising from false arrest, slander and libel, or rental units that the insured may own. Not only is the cost of direct damages covered, but also the cost of consequential damages, such as the lost income suffered by a severely injured person because of the injuries. The personal umbrella policy also pays for the legal defense of lawsuits that is in addition to the policy limit for damages. So if you are sued and held liable for $1 million, and your legal costs are $200,000, then a policy providing $1 million of coverage will pay the full claim plus the $200,000 for legal costs.
Explanation:
Answer: The coupon rate is 13%
Explanation:
We would first calculate the Coupon Payment and then later using the coupon payment we would compute the Coupon rate.
PV = 
+ A [![[\frac{1-\frac{1}{(1+r)^{N} } }{r} ]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281%2Br%29%5E%7BN%7D%20%7D%20%7D%7Br%7D%20%5D)
]
Where,
FV = $1,000
PV = $1,291.31
r = 8%
N = 8 Years
A = Coupon Payment
1291.31 = 
+ A ![[\frac{1-\frac{1}{(1+0.08)^{8} } }{0.08} ]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281%2B0.08%29%5E%7B8%7D%20%7D%20%7D%7B0.08%7D%20%5D)
Solve for A
A = 130.69
The coupon payment is $130
Coupon rate = (Coupon payment / Face value) x 100
= 
x 100
= 13 %
Answer:
Unilever is applying its understanding of internal consumer processes by using several points of the psychological core to market its product in order to create valuefrom customers in return. ... It creates a relationship between the customer and the brand.
Explanation:
Answer:
Net pay $764.5
Explanation:
given data
wages = $1000
income taxes = $159
solution
particular net pay
Gross wages $1000
less
Income taxes withheld $159
FICA-social security (1000×6.2%) = $62
FICA-Medicare taxes (1000×1.45%) = $14.5
Total taxes withheld (235.5)
So, Net Pay $764.5
17000 was the cost per mile to the nearest cent.
<h3>What does a mile typically cost?</h3>
- Fuel costs 10.72 cents on average per mile, although actual costs might vary greatly depending on the fuel efficiency of the car.
- Owners of electric vehicles pay an average of 3.66 cents per mile compared to pickup truck owners who pay 15.81 cents per mile.
- Costs for upkeep and repairs come to 9.55 cents per mile.
<h3>How much will a mile of driving in 2022 cost?</h3>
- The optional standard mileage rate for the final six months of 2022 was raised from 58.5 cents per mile to 62.5 cents per mile on June 9, 2022, according to Internal Revenue Service Announcement 2022-13.
- Travel will be charged at the new rate starting on July 1, 2022, through December 31, 2022.
learn more about cost per mile here
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