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3 years ago

8

Suppose that it is friday night, that xavier and her friends have been out at a party, and that they are now heading home. suppo

se also that xavier has had a little bit to drink, but not a lot. is it safe for her to drive home or should she call a cab instead

1 answer:

alukav5142 [94]3 years ago

7 0

No she should call a cab just to be safe

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Answer:

Payback period=2 years 5 months

Payback period=3 years 8 months

Explanation:

<em>The payback period is the estimated length of time in years it takes .</em>

<em>It is the number of years it takes the cash project to break-even</em>

a) Payback period

Total cash flow for two years = 750× 2 = 1500.000

Balance of cash flow required to make up= 1800000- 1500,000 300,000

Payback period = 2 years + 300,000/750,000× 12 months= 2 years 5 months

Payback period=2 years 5 months

b) Payback period

Total cash flow for 3 years = 450,000 + $225,000 +600,000=1,275 ,000

Balance o cash required to make up 1800,000 = 1,800,000 -1275,000= 525,000

Pay back period = 3 years + 525,000/750,000× 12 months

= 3 years 8 months

Payback period=3 years 8 months

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3 years ago

"Forcing insureds to sue the insurer to collect on a claim by offering substantially less than the amount eventually recovered i

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Answer:

Unfair Claims Settlement Practices Act

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Here fundamentally, the act which will be acted on the given sentence is generally known as Unfair Claims Settlement Practices Act. Unfair claims practice is the inappropriate restraint of a request by an insurer or an endeavor to diminish the intensity of the claim. By interlacing in unfair claims practices, an insurer strives to diminish its values. Nevertheless, this is unlawful in various jurisdictions. Additionally, most maximum states possess formulated a version of this type of rule. Denominated essentially the Unfair Claims Settlement Practices Act, it defends safeguard consumers from the unfair manner by insurers in the appeals settlement method.

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after 9 years:

FV $15,625.2437

in 14 years:

FV $31,223.0270

last, at the nineteenth year:

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We have to solve for the annuity of 1,200 dollar with a yield of 9% at the proposed times:

$C \times \frac{(1+r)^{time}-1 }{rate} = FV\\$

C 1,200.00

time 9

rate 0.09

$1200 \times \frac{(1+0.09)^{9} -1}{0.09} = FV\\$

FV $15,625.2437

time = 14

$1200 \times \frac{(1+0.09)^{14}-1 }{0.09} = FV\\$

FV $31,223.0270

time = 19

$1200 \times \frac{(1+0.09)^{19} -1}{0.09} = FV\\$

FV $55,222.1501

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The answer is attached

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