Author Question: Insurance protection for the financial losses that may occur to business' and homeowner's property ... (Read 127 times)

wrbasek0 · **on:** Jun 24, 2018

Insurance protection for the financial losses that may occur to business' and homeowner's property from such perils as fire, lightning, wind, water, negligence, burglary, and vandalism is called property insurance.
Indicate whether the statement is true or false

Question 2

Suppose that you took out a loan at 12 interest for 200 days. If the amount of interest was 690.41, use the exact interest method to find the amount of principal you borrowed. (Round to the nearest whole dollar amount)
A) 10,356.00
B) 10,500.00
C) 4,540.00
D) 45.00