1 and 1/3----------Hope I helped....
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Answer:
- 10 -- $10k to any one person
- 20 -- $20k to all persons, total
- 5 -- $5k for property damage
all are <em>maximum</em> values
Step-by-step explanation:
Insurance contracts specify <em>maximum</em> payments, not <em>minimum</em> payments. The numbers mean ...
The 10 means it will pay only $10,000 maximum for injury to any one person in an accident.
The 20 means it will pay a maximum of $20,000 total to people injured in one accident.
The 5 means that it will pay a maximum of $5,000 in property damage for one accident.
We are given
P = <span>$1,945.61
r = 11.2%
Amin = $156
A = $300
First, we convert the interest to effective monthly terms
i = 11.2%/12 = 0.933%
After one month, the interest saved by paying more than the minimum is
</span>(0.00933) (300 - 156) = $1.35
Answer:
The perpendicular slope is -4/3
Step-by-step explanation:
Perpendicular slopes multiply to -1
m * 3/4 = -1
Multiply each side by 4/3
m * 3/4 *4/3 = -1 * 4/3
m = -4/3
The perpendicular slope is -4/3