Author Question: Which of the following statements about federal flood insurance is true? A) It is available even ... (Read 55 times)

oliviahorn72 · **on:** Jul 11, 2018

Which of the following statements about federal flood insurance is true?

A) It is available even if property has been previously flooded.
B) It is unavailable in high-risk flood areas.
C) It is available only for residences, not for businesses.
D) Waiting periods are not used in the federal flood insurance program.

Question 2

Jan showed the following financial items at the ends of 2007 and 2085:

2007 2008
Checking account balance 1,300 1,200
Credit card balances due 700 500
Auto loan (900 due within one year) 2,700 3,600
Automobile 7,000 8,000
Jewelry 400 300
Stamp collection 1,200 1,000

Jan's net worth changed in 2008 by
A)

+ 100.
B)

- 700.
C)

+ 400.
D)

+ 800.