Insurance companies collect and hold a customer's premiums and pay claims from that money in the event that the customer has a loss.
<h3>What is insurance?</h3>
Insurance involves securing an item against accident or any damages.
An individual can insure properties such as Land, building or Life by paying certain amount of money which serves a premium.
Therefore, insurance companies collect and hold a customer's premiums and pay claims from that money in the event that the customer has a loss.
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Answer:
65 months
Explanation:
Data provided in the question:
Limit of the credit card = $1,000
Cost of the new CD player and speakers = $975
Minimum monthly payment made by Katsumi = $15
Now,
since there are no finance charges charged,
therefore,
the net payment that has to be made is $975
Therefore,
Months needed to pay off the rate
= [ Net payment amount ] ÷ [ Minimum monthly payment ]
= $975 ÷ $15 per month
= 65 months
Answer:
Option C: The team cannot meet their Sprint commitment to complete work if requirements are changing
Explanation:
In a company, product backlog grooming covers is the process of adding details, estimates, and orders the items in the product backlog. It is an ongoing process. It involves product owner and the development team collaborating on the details of product backlog.
Changing a project or work suddenly or not has an effect on work/production and its efficiency. Changing the product backlog may lead to workers starting the work all over again and which can be stressful, time consuming and affect efficiency of production.
Answer:
Fear appeal
Explanation:
In order to know more about the answer, let's check out what advertising appeals are at first.
Advertising appeals are primarily used by professionals in their businesses in order to convince people to buy a product or to act against it. They tap on the emotional aspect of the buyers because they are deemed credible and powerful. There are many kinds of advertising appeals such as humor, fear, sex, nostalgic and guilt. However, we will be focusing on "fear appeal."
Fear Appeal- In marketing, fear appeal generally describes a strategy for motivating people in order to take particular action or divert behavior through threats. Such threats signal an impending harm.
The example above, "Marijuana harmless? Didn't see the merging truck," persuades that the use of Marijuana is harmful and in order to prevent having a negative experience, it is best to avoid or reduce the use or purchase of such item.
The difference between simple and compound interest is significant because the interest is higher when using compounding. Robert's investment amounted to $12,000 after 4 years while Rosie's investment after 4 years totaled to $13,117.55 with a difference of $1,117.55.
Thus, Rosie will have $1,117.55 more than Robert.