This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Driver Buckley lives in a state having no-fault auto insurance. Goodroads Insurance Company insures ... (Read 126 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
on: Jun 24, 2018
Driver Buckley lives in a state having no-fault auto insurance. Goodroads Insurance Company insures Buckley for no-fault insurance only. Buckley's car is struck by a truck while waiting at a stop light. Medical expenses for Buckley and passenger are 547 . Repairs to Buckley's car cost 320 . Six months later, a car backs out of an alley and hits Buckley's car, causing medical expenses of 950 for Buckley and passenger and 1,249 for repairs to Buckley's car. Compute the amount Goodroads Insurance Company pays for Buckley's involvement in accidents this year.

Question 2

Frances Koo has 43,800 in an investment account that pays her interest at 10 compounded semiannually. Frances will withdraw a specific amount (always the same) every six months for 11 years. After the last withdrawal, the account will be empty. Compute the amount that she will withdraw every six months. Use Tables 23-2A and 23-2B or a calculator.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cam1229

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 24, 2018
Answer to Question 1

1,497

Answer to Question 2

43,800  13.16300 = 3,327.51 withdrawn every 6 months


sheilaspns

  • Member
  • Posts: 567
Reply 2 on: Jun 24, 2018
Excellent

ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Using outgroups to infer the ancestral state Using outgroups to infer the ancestral state
Morris and Company, Sussex Rush-Seated Chairs. Morris and Company, Sussex Rush-Seated Chairs.
Ion channels in myocardial cells: (a) resting state before action potential (all channel gates ... Ion channels in myocardial cells: (a) resting state before action potential (all channel gates ...
Reconstruction Drawing Of The Citadel At Mycenae At Its Most Developed State Reconstruction Drawing Of The Citadel At Mycenae At Its Most Developed State
Improve your driver posture Improve your driver posture
Fraction of obese individuals by state in 1998 and 2008. In 1998, 42 states had obesity rates below Fraction of obese individuals by state in 1998 and 2008. In 1998, 42 states had obesity rates below
Video: Atrial natriuretic peptide (vasodilation) & Aldosterone

For a complete list of videos, visit our video library