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Hoochie [10]
3 years ago
8

William pays his $500 premium every 6 months for automobile insurance with collision coverage. His deductible is $750. William c

aused a minor accident that resulted in $800 of damages to his car and $1,100 of damages to the other car. How much will William pay out-of-pocket to have both cars fixed?
Business
1 answer:
snow_lady [41]3 years ago
3 0

William will pay a total of $750 out of pocket for both cars to be fixed.

The other car is covered by the property damage portion of his insurance, so it is covered 100% by the insurance company and there is no deductible or amount that William needs to pay. William’s car will be covered by the collision portion of his insurance. He is responsible for paying the $750 deductible and the insurance company will pay the remaining $50.

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________ diversity refers to diversity with respect to attributes that are less easy to observe initially but that can be inferr
Aleksandr [31]

Answer:

E. Deep-level

Explanation:

Deep-level diversity can be described as traits like values, beliefs, and attitudes that are not observable early but more direct experience makes it to become understood later.

Examples of what indicates deep-level diversity are difference in values, and personality differences between people.

Therefore, deep-level diversity refers to diversity with respect to attributes that are less easy to observe initially but that can be inferred after more direct experience.

4 0
3 years ago
What arethe involvement factors likely to be associated with buying a new computer?
Studentka2010 [4]

The involvement factors would be the price of the computer, the style, the model, and the things you could do with the computer.

8 0
3 years ago
The industry-low, industry-average, and industry-high benchmarks on pp. 6-7 of each issue of the Camera
Ainat [17]

These are worth careful scrutiny by the managers of all companies because when a company's costs for one or more of the cost benchmarks are deemed "out-of-line," managers need to initiate corrective actions in the next decision round.  only have value to the managers of companies whose costs are below the industry averages.

<h3>What do you mean by industry?</h3>

An industry is a group of companies that are related based on their primary business activities.

In modern economies, there are dozens of industry classifications. Industry classifications are typically grouped into larger categories called sectors.

<h3>What are the 4 types of industry?</h3>

There are four types of industry, namely primary, secondary, tertiary and quaternary.

Primary industries involve the activities related to extraction and processing of natural resources, such as agriculture, mining, fishing, etc.

Learn more about industries here:

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8 0
1 year ago
Which statement explains a proportional tax system?
-Dominant- [34]

Answer:

The tax rate is the same for all income levels.

Explanation:

A proportional tax system is a tax mechanism that applies equal rates to all income brackets. This system does not segregate based on income earned. The proportional tax system is also the flat rate system.

Since the proportional tax system applies the same rate to all taxpayers, it means that the low income, middle, and high-income earners pay tax at the same rate. The proportional tax system contrasts with other methods, such as the progressive tax system that considers income levels.

7 0
3 years ago
g Ms. White has entered the housing market in search of a suitable home. She has saved $10,000 for a down payment and has found
Svetradugi [14.3K]

Answer:

$89,418

Explanation:

It is important to realize that Ms. White has been honoring her mortgage payments for the 18 months that she owned the house.

So we can determine the amount of outstanding debt by constructing an amortization table.

Here, i will use a Financial Calculator to prepare the amortization table.

PV = $90,000

N = 20

I = 12

FV = 0

P/YR = 1

PMT = $11,172.93 (CALCULATED)

Period                 Principle        Interest        Payment            Balance

Beginning                                                                                $90,000

Year 1 End         $373              $ 10,800        $11,173               $89,627

Year 2 End        $417               $ 10,755         $11,173              $89,209

But for the Year 2 she only owned the house for 6 month (to 18 months).

Thus amount outstanding after 18 months is $89,418 ($89,627 - $209)

3 0
2 years ago
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