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

Author Question: Small surcharges added to the cost of insurance policies when the insured chooses to pay the ... (Read 114 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
on: Jun 24, 2018
Small surcharges added to the cost of insurance policies when the insured chooses to pay the premiums more frequently than annually are known as insurance taxes.
  Indicate whether the statement is true or false

Question 2

State Bank made a loan at 12 interest for 360 days. If the amount of interest was 934.20, use the ordinary interest method to find the amount of principal borrowed. (Round to the nearest whole dollar)
 A) 9,646
  B) 8,830
  C) 7,785
  D) 7,683


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mohan

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


nramada

  • Member
  • Posts: 580
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Hormonal regulation of digestion rate in the stomach and small intestine. Hormonal regulation of digestion rate in the stomach and small intestine.
The Peary caribou is a relatively small and pale subspecies found in the tundra of far northern Nort The Peary caribou is a relatively small and pale subspecies found in the tundra of far northern Nort
Preserve Your Vitamins! Cook your vegetables in a small amount of water Preserve Your Vitamins! Cook your vegetables in a small amount of water
Cost of Laptops Cost of Laptops
The Small Intestine: A Huge Surface for Digestion & Absorption The Small Intestine: A Huge Surface for Digestion & Absorption
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Plant Defense Mechanisms from Pathogens

For a complete list of videos, visit our video library