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Social Science Clinic => Business => Topic started by: nummyann on Jun 24, 2018

Title: Miriam is in a car accident with the Blakely family. Miriam has 25/50/10 car insurance. Mr. Blakely ...
Post by: nummyann on Jun 24, 2018
Miriam is in a car accident with the Blakely family. Miriam has 25/50/10 car insurance. Mr. Blakely has 27,500 in injuries, and Mrs. Blakely has 24,000 in injuries. The Blakely's automobile has 12,700 worth of damage. Determine the amount Miriam will pay and the amount her insurance company will pay.

Question 2

Elizabeth and Darcy own an interior design business. They want to set up group health insurance for themselves and their 4 employees. Each policy will cost 2,700 annually. What is the monthly premium for each employee if the company covers 100 of the monthly premium?
Title: Miriam is in a car accident with the Blakely family. Miriam has 25/50/10 car insurance. Mr. Blakely ...
Post by: mbcrismon on Jun 24, 2018
Answer to Question 1

Bodily Injury: Insurance pays 25,000 for Mr. Blakely and 24,000 for Mrs. Blakely. Miriam pays the remaining 2,500 for Mr. Blakely.
Property Damage: Insurance pays 10,000 for auto damage. Miriam pays the remaining 2,700 in property damage.

Answer to Question 2

125;
2,700  6 = 16,200; 2,700  12 = 225; 225 - 100 = 125