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Luda [366]
3 years ago
8

How much total money is paid for renters insurance in new york state every year?

Business
1 answer:
Semenov [28]3 years ago
8 0
Renter's insurance basic policy costs about $300 a year for around $50,000 worth of protection of your property within the building. In the state of New York.
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Manuel borrowed a total of $4000 from two student loans. One loan charged 4% simple interest and the other charged 3.5% simple i
hichkok12 [17]

Answer:

the principal amount at a rate of 4% is 2000

principal amount at a rate of 3.5% is 4000-2000 =2000

Explanation:

We have given total amount borrowed = $4000

Let x amount is borrowed at a rate of 4%

So $4000-x is borrowed at rate of 3.5%

Total interest = $150

We know that simple interest =\frac{principal\ amount\times rate\times time}{100}

So \frac{x\times 4\times 1}{100}+\frac{(4000-x)\times 3.5\times 1}{100}=150

4x+14000-3.5x=15000

0.5 x=1000

x = 2000

So the principal amount at a rate of 4% is 2000

And principal amount at a rate of 3.5% is 4000-2000 =2000

7 0
3 years ago
Buyline is an e-commerce Web site. It has come up with a promotional offer where buyers get a 60 percent discount on refrigerato
Illusion [34]

Answer:

D. Group buying platform

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Group buying platform  is a kind of  online buying platform that  offers products and services at significantly reduced prices on the condition that a specific  number of buyers would make the purchase.  In group buying, a minimum number of buyers that are expected to make purchase are clearly stated and it usually has a time frame

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3 years ago
John House has taken a $250,000 mortgage on his house at an interest rate of 6 percent per year. If the mortgage calls for 20 eq
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Answer:

$21,796.14

Explanation:

Use the Time Value of Money techniques to calculate the amount of each installment (PMT)

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i =  6 %

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Using a Financial calculator to input the values as above, each annual instalment/payment will be $21,796.14.

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2 years ago
Why does saturn have the coldest surface temp?
tatuchka [14]

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distance from the Sun

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because of Saturn's tilt, the southern and northern hemispheres are heated differently, causing seasonal temperature variation.

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2 years ago
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