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

Author Question: Drivers Harris and Stein live in a state having no-fault auto insurance. Stein causes an accident by ... (Read 200 times)

Haya94

  • Hero Member
  • *****
  • Posts: 558
on: Jun 24, 2018
Drivers Harris and Stein live in a state having no-fault auto insurance. Stein causes an accident by hitting Harris's car. Stein is not hurt. Harris spends three days in the hospital at a cost of 5,300 . Compute the amount each driver's insurance company pays toward medical expenses.

Question 2

Rick Rios has an asphalt paving business. He is trying to calculate whether he should replace some of his current equipment. Rick estimates that he will spend 8,00 . every 6 months over the next 4 years to maintain the current equipment. At a rate of 8 compounded semiannually, what is the total present value of the estimated maintenance payments? 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

bob

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 24, 2018
Answer to Question 1

Harris's company: 5,300 . Stein's company: 0

Answer to Question 2

8,00 .  6.73274 = 53,861.92 present value


Haya94

  • Member
  • Posts: 558
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

This map shows the percentage of Protestants by state in Germany. When compared to the previous map This map shows the percentage of Protestants by state in Germany. When compared to the previous map
State Laws on Abortion prior to Roe v. Wade, 1973 State Laws on Abortion prior to Roe v. Wade, 1973
Where U.S. Latinos Live Where U.S. Latinos Live
State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below. State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below.
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
Development of the Dungeness crab (Cancer magister). The crabs live for 8 to 10 years. Development of the Dungeness crab (Cancer magister). The crabs live for 8 to 10 years.
Video: Sister chromatids of a metaphase chromosome animation

For a complete list of videos, visit our video library