The answer is option C. Both Friedrich and Jung have the most debt. Hope I could help! :D
Answer:
LIMIT
The policy will pay for up to
$100,000 of damage to
another person's property.
The policy will pay only
$100 per incident for a
tow truck
DEDUCTIBLE
The policyholder must pay
the first $1,000 of repair
expenses before insurance
will pay for anything,
PREMIUM
The policy offers coverage
for a cost of $178 per month
The policyholder must
pay $500 semiannually
to the insurance provider
Step-by-step explanation:
LIMIT is the maximum amount an insurer will pay toward a covered claim
DEDUCTIBLE is the amount paid out of pocket toward a covered claim
PREMIUM is the amount paid regularly to keep the policy in force.
Answer:
-3
Step-by-step explanation:
2a - 6 = 4a
subtract 2a giving you -6 = 2a
divide by 2 from both sides so that a will be by itself
giving you -6 ÷ 2 = a
-6 ÷ 2 = -3
so a = -3
Answer:
$1015.11
Step-by-step explanation:
Compounded interest rate formula: A = P(1 + r/n)^t
Step 1: Plug in known variables
A = 1000(1 + 0.005/12)^36
Step 2: Multiply it all together
1000(1.00042)^36
1000(1.01511)
1015.11
This is a pretty bad bank considering only giving you .5% interest per month.
This is a geometric sequence with first term a1 = -4 and common ratio r = 4
so nth term = a1* r^(n-1)
= -4 *4^(n-1)
