Answer:
$245,000
Explanation:
A dwelling fire policy (DP-3) covers losses to the house's structure, personal liability and loss rental income. Since it covers lost rental income, it is generally used by landlords, but anyone can get one for their house.
In this case, since the reparations will require at least $245,000, then that is the amount that Brittany should receive. She cannot receive any more because that is her policy's coverage, but shouldn't receive less either.
Answer:
$320 left for me after all taxes have been paid.
Explanation:
Individual Tax is paid on dividend received from the investment in the shares. The corpporation declare the dividend after deducting the corporate tax.
Amount of Earning = Number of shares x Per share earning = 100 shares x $4per share = $400
Earning After tax = Amount of Earning x ( 1 - Individual Tax rate )
Earning After tax = $400 x ( 1 - 0.20 )
Earning After tax = $400 x 0.8
Earning After tax = $320
Answer: Option (c) is correct.
Explanation:
Given that,
Economy is in a recession and in this situation government wants to increase the output.
Multiplier = 2.5
Government increases spending by 200 then,
Output increase by:
= Multiplier × Increase in Government spending
= 2.5 × 200
= 500
Therefore, output increase by 500.
Answer:
The stock price will be $25.72 in ten years from now.
Explanation:
The stock price in ten years from now will be equal to the present value of perpetual growth dividend stream from the stock; with the first dividend in the stream is the eleventh year dividend which is calculated as: Dividend in Year 0 x (1+growth rate)^11 = 1.42 x 1.04^11 = $2.186.
So, the stock price will be calculated as:
Stock price = 2.186/ ( 12.5% - 4%) = $25.72.
So, the answer is: The stock price will be $25.72 in ten years from now.
Answer:
probability of a reliable performance = 19/20
Explanation:
If a new battery has just been installed, then the chances of failure are only contributed by the faulty microchip, which has a failure rate of 1 in 20 hours.
Therefore in 1 hour, the probability that the laptop will perform reliably is calculated as follows:
Chances of failure = 1 in 20
20 hours = 1 chance of failure
∴ 1 hour = 1/20 chance of failure
1/20 = 0.05 chance of failure
Now, let us express 0.05 as fraction:
0.05 = 5/100
Therefore in 1 hour, there is a 5 in 100 chances of failure.
But we are asked to find the probability that the laptop will perform reliably. This is simply done by finding the difference between the total chances of occurrence (100) and the chances of failure (5)
∴ Probability of reliable performance in one hour = (100 - 5) / 100
= 95/100
95/100 = 19/20