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Anastasy [175]
3 years ago
8

Jan pays $70 each month for her auto insurance policy. This regular payment is called a : A.) co-pay. B.) deductible. C.) premiu

m. D.) claim
Business
2 answers:
ipn [44]3 years ago
8 0

<u>The answer is "C.) premium".</u>


Premium is a sum paid occasionally to the insurer by the insured for covering his risk.  

In an insurance contract, the risk is exchanged from the guaranteed to the back up plan. For going out on a limb, the guarantor charges a sum called the premium. The premium is an element of various factors like age, kind of work, medicinal conditions, and so on. The statisticians are depended with the duty of finding out the right premium of a guaranteed. The premium paying recurrence can be unique. It tends to be paid in month to month, quarterly, semiannually, yearly or in a solitary premium.

Ivanshal [37]3 years ago
4 0
I may be wrong but I think its D) claim
:3
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The accept-or-reject rule, using the IRR method, is to acceptthe project if its Internal Rate of Return (IRR) is higher than theWeighted Average Cost of Capital(k) [r>k]. The project shall berejected if its internal rate of return is e lower than theWeighted Average Cost of Capital cost of (r<k)

                                 Accept if        r>k

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If the Weighted Average Cost of Capitl (WACC) is less than IRRrate, then the project has positive NPV; if it is equal to IRR, theproject has a Zero NPV, and if it is greater than the IRR, theproject has negative NPV.

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<span>Because farm products have a low elasticity of demand a small change in output will have a similar effect on the price. Since the low elasticity of demand directly relates to </span>pricing, when the smaller change in output happens, a smaller drop in profits does as well. The price of the item will decrease to compensate for less products selling. 
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