Anyone know how to do these economic credit score problems??

Thad Joslin was judged at fault in an automobile accident. Three others were awarded damages of $147,000, $79,000, and $74,000.

OverLord2011 [107]

Answer:

The amount that would not be covered by Thad Joslin insurance is $50,000

Explanation:

Thad has a 100/300 bodily injury liability coverage, this implies that he has a coverage of $100,000 bodily injury liability insurance per person and $300,000 total bodily injury liability insurance per accident. However, his insurance policy does not make provision for or cover the $50,000 property damage liability per accident. Therefore, Thad Joslin would have to pay for it.

8 0

3 years ago

What are three things to look at closely on the contract?

kicyunya [14]

The date,
signature
rules.

3 0

4 years ago

Read 2 more answers

An investment offers $6,600 per year for 10 years, with the first payment occurring one year from now. If the required return is

Reika [66]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

An investment offers $6,600 per year for 10 years, with the first payment occurring one year from now. The required return is 5 percent.

A) FV= {A*[(1+i)^n-1]}/i

FV= {6600*[(1.05^10)-1]}/0.05= $83,014.09

PV= FV/(1+i)^n= 83,014.09/1.05^10= $50,063.39

B) n=35

FV= {6600*[(1.05^35)-1]}/0.05= $596,114.03

PV= 596,114.03/1.05^35= $108,069.69

C) n=65

FV= {6600*[(1.05^65)-1]}/0.05= $3,014,866.87

PV= 3,014,866.87/ 1.05^65= $126,463.06

D) PV= 6600/0.05= $132,000

3 0

4 years ago

A study by the National Bureau of Economic Research (NBER) examined the responsiveness of consumers to changes in gasoline price

Y_Kistochka [10]

Answer:

Gasoline consumption will decrease by a small amount.

Explanation:

A coefficient of elasticity of less than one indicates that demand is inelastic.

Inelastic demand means that there's little or no change in quantity demanded when there's a change in the price of a product.

Quantity demanded has little or no sensitivity to changes in price.

If the coefficient of elasticity is greater than one, demand is elastic.

Elastic demand is when a small change in price has a greater effect on the quantity demanded.

If the coefficient of elasticity were equal to one, it means that demand is unit elastic.

Unit elastic demand means a change in price leads to the same proportional change on quantity demanded.

I hope my answer helps you

3 0

3 years ago

Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of c

anyanavicka [17]

Answer and Explanation:

The classification is as follows

1.

A. financing activity = Cash outflow as cash is gone

B. Operating activity = Cash inflow as cash is received

C. Operating activity = Cash outflow as cash is gone

D. Financing activity = Cash outflow as cash is gone

E. Investing activity = Cash outflow as cash is gone

2.

A. Investing activity = Cash outflow as cash is gone

B, Investing activity = Cash inflow as cash is received

C. Operating activity = Cash outflow as cash is gone

D. Operating activity = Cash inflow as cash is received

E. Operating activity = Cash inflow as cash is received

F.financing activity = Cash inflow as cash is received

8 0

3 years ago