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3 years ago

How can insurance protect you from financial loss?

Business

1 answer:

RUDIKE [14]3 years ago

6 0

Answer:

Answer:Insurance policies offer protection against economic loss, that is, loss or damage which can be measured in purely financial terms and compensated by money. When you buy homeowners property insurance.

Explanation:

When you buy homeowners property insurance, for example, you are insuring only the economic value of the home, i.e., the cost to repair or rebuild it.

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Question 11 (3 points)

Korvikt [17]

Answer:b

Explanation:

I think it is

7 0

3 years ago

When calculating interest accrued you should? ____

vichka [17]

The correct answer is APR, which stands for Annual Percent Rate. This is the percent rate for the amount of money that you owe for that year only in interests. It comes as a bonus over the loan and usually the banks have you pay the interest before you pay the loan because banks give money to others based on the interest that you pay, and the circle goes on and on.

6 0

3 years ago

To get the best deal on a CD player, Tom called eight appliance stores and asked the cost of a specific model. The prices he was

Angelina_Jolie [31]

Answer:

$84.86

Explanation:

I'm guessing they want you to find the standard deviation.

It would be easy to do this in a statistical calculator, but I suspect they want you to do it by hand.

Here are the steps for a manual calculation.

1. Count the elements in the data set

N = 8

2 Calculate the sum of the data set

$\displaystyle \sum_{i = 1}^{8}x_{i} = 2011$

3. Calculate the mean

$\mu_{x} = \dfrac{2011}{8} = 251.375$

4. Calculate the standard deviation

(a) Subtract the mean from each data point

(b) Square the differences

(d) Divide the sum by the number of terms

(e)Take the square root of the result

We can set up a table to organize the calculations.

$\begin{array}{rrr}\mathbf{x} & \mathbf{x - \mu} & \mathbf{(x - \mu)^{2}}\\298 & 46.63 &2174\\125 & -126.38 & 15971\\411 & 156.93 & 254801\\157 & -94.38 & 8907\\231 & -20.38 & 415\\213 & -38.38 & 1473\\304 & 52.63 & 2769\\272 & 20.63 & 425\\\sum = \mathbf{2011} & & \mathbf{57614}\\\end{array}\\\\\sigma = \sqrt{\dfrac{ 57614}{8}} = \sqrt{7201.7} = \mathbf{\$84.86}$

3 0

3 years ago

How to do a journal entry in accounting

Dovator [93]

Answer:

You should "Debit" one account in your general ledger and "Credit" another.

Explanation:

Example - you receive an invoice from your vendor for $100,000 (assuming non-VAT transaction). Your journal entry would look the following:

Debit: Expense $100,000

Credit: Accounts Payable $100,000

8 0

4 years ago

Scientific management is the study of work methods to improve the productivity of _____.

xxTIMURxx [149]

Answer:

individual workers

Explanation:

8 0

3 years ago