« previous next »

Author Question: Fernando's Choppers owns a building valued at 1,091,000, but has decided to insure it for only ... (Read 84 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
on: Jun 24, 2018
Fernando's Choppers owns a building valued at 1,091,000, but has decided to insure it for only 587,000. Their insurance policy stipulates coinsurance of 70. If a fire were to cause 516,000 in damage, how much would the insurance company pay on the claim?

Question 2

Find the amount of simple interest on a loan of 2,500 at 4.44 interest for 12.75 months. (Round to the nearest cent)
 A) 113.31
  B) 2,617.94
  C) 117.94
  D) 121.87


smrerig

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 24, 2018
Answer to Question 1

396,611.23

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Deforestation and increased road-building in the Amazon Rainforest are a significant concern because Deforestation and increased road-building in the Amazon Rainforest are a significant concern because
Building competency Building competency
In this 1900 cartoon, oil baron John D. Rockefeller holds the White House in the palm of his hand wh In this 1900 cartoon, oil baron John D. Rockefeller holds the White House in the palm of his hand wh
Always connect an exhaust hose to the tailpipe of a vehicle to be run inside a building. Always connect an exhaust hose to the tailpipe of a vehicle to be run inside a building.
Cordilleran-Type Mountain Building Cordilleran-Type Mountain Building
Lego building blocks birthday cake Lego building blocks birthday cake
Video: Adolescent Diabetes

For a complete list of videos, visit our video library