Answer:
$14.50
Explanation:
Given;
Charge for first 2 hours = $5.00 and
$0.75 for each additional half hour or part thereof.
If he parks his car for 8 hours, then the first 2 hours will be charged at a rate of $5.00
Time left to charge is 6 hours. This will be charged at a rate of $0.75
Therefore cost to Sam for parking his car for 8 hours
= (2 × $5) + (6 × $0.75)
= $10 + $4.50
= $14.50
Sam paid $14.50 for parking.
Jan pays $70 each month for her auto insurance policy. This regular payment is called PREMIUM.
Premium is the payment made by the insured party to the insurer. It primary pays the insurer for bearing the risk of payout in the event that the insurance agreement coverage is needed. Premium payment may be monthly, quarterly, semi-annually, or annually.
For investors, <u>credit rating agencies </u>provide independent, easy-to-use measurements of relative credit risk.
A credit rating agency refers to a company that assigns credit ratings. A <em>credit rating agency</em> also serves as a basis for proper risk and return.
A credit rating agency is important as it helps in rating the ability of a debtor to pay back its credit. Therefore, for investors, credit rating agencies provide independent, easy-to-use measurements of relative credit risk.
In conclusion, credit rating agencies also rate the creditworthiness of issuers of debt instruments.
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Answer: Topic Sentence
Explanation:
The Topic sentence contains the idea that the whole paragraph is centered on. It is in the topic sentence that the leader gets a grasp of what is going on and then reads the support sentences to find out an elaboration of this sentence. For this reason it is usually the first sentence though not always.
In the text, the sentence <em>As a member of the crisis management team, you are required to attend our biannual crisis management workshops </em>is a topic sentence because it introduces the Crisis Management team and then elaborates on it.