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qwelly [4]
3 years ago
5

While attending classes at her college, Lisa parks her Corvette on the street and locks it. When she returns, it is gone. She re

ports its loss to her insurer and notifies the police immediately. Because she must commute to school and to work, she rents a car for $180 per week, or $28 per day for any part of a week. Twenty-three days after her car disappeared, it is recovered. It has been driven over 12,000 miles, its right rear fender has been destroyed in an accident, and the interior has been vandalized. The low estimate for repair of the exterior and interior damage is $23,000. The actual cash value of her car is $16,000. Lisa has a PAP with other-than-collision coverage and a $200 deductible. Explain her coverage to her, noting what she can expect to recover from her insurer, and why.
Business
1 answer:
kotegsom [21]3 years ago
3 0

Answer:

The maximum money estimation of vehicle is $ 16,000 which LISA can guarantee, Also Lisa would have the option to guarantee the lease of 23 days from the safety net provider.  

3 entire weeks = 180 × 3

3 entire weeks = $540  

what's more, for 2 days extra = 28 × 2 = 56  

= $596 vehicle rental  

As the collision isn't secured she wont get the case for right bumper which has been obliterated.  

So she would get $16,000 - the harms on the correct bumper - 200 which is deductible + 596 which is vehicle rental charges borne by LISA.

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Pls help me I would appreciate it
devlian [24]

Answer:

I WOULD SAY HIGH INTRUST RATE.

Explanation:

Hope this helps <3 HAVE A GOOD DAY!

6 0
2 years ago
Read 2 more answers
g Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $12 per share and it has 5.2 million shares outstand
Ede4ka [16]

Answer:

48.00%

Explanation:

For computing the debt to capital ratio, first we have to determine the equity value and debt value which is shown below:

Equity value = Number of outstanding shares × stock price per share

                    = 5.2 million shares × $12

                    = $62.4 million

We know,

Total capital = Debt + equity

$120 million = Debt + $62.4 million

So, the debt would be

= $120 million - $62.4 million

= $57.6 million

Now the debt to capital ratio would be

= $57.6 million ÷ $120 million

= 48.00%

7 0
3 years ago
What are the 3 goals of an economy?
forsale [732]
To maintain a strong Economy the federal government seeks to accomplish three policy goals stable prices , full employment and economy growth in addition to these three policy goals the federal government has other objectives to maintain sound economy policy
8 0
3 years ago
Clarissa want to fund a growing perpetuity that will pay $5000 per year to a local museum starting next year. she wants the annu
Akimi4 [234]

Answer:

Clarissa needs to fund the growing perpetuity by $166666.67

Explanation:

A perpetuity is an investment that will give a future series of infinite payments so if the perpetuity gives you a periodic growth rate then you find the difference between the interest rate and the growth rate then use the perpetuity formula which is:

Pv = C/(i-g)

where Pv is the present value of the perpetuity which will be the initial investment.

C is the periodic payments that will be received in future in this case $5000

i is the interest rate given for the perpetuity which is 8%

g is the growth rate per fixed period which is 5%

thereafter we substitute on the above mentioned formula:

Pv= $5000/(8%-5%) then compute

Pv = $166666.67 which will be the initial investment for Clarissa to be paid $5000 per year until she dies.

 

3 0
3 years ago
A pizza monopolist employing third-degree price discrimination charges students $10 per pizza and everyone else $15 per pizza St
tangare [24]

Answer:

The price elasticity of demand for the students is:

inelastic.

Explanation:

The price elasticity of demand for the students is inelastic because there is no change in the quantity demanded by students that changes the price at which pizza is sold to the students.  If one student buys the pizza, the price charged remains $10 and if 1,000 students buy the pizza, the price remains $10 per unit.  Therefore, students' demand for the pizza is said to be static irrespective of price because the price is fixed.

8 0
3 years ago
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