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 96 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
Thanks for the timely response, appreciate it

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Thyroid conditions may make getting pregnant impossible.

The specialized arrangement of tissues in the small intestine. The specialized arrangement of tissues in the small intestine.
Geoffroy's tamarin (Saguinus geoffroyi), also known as the Panamanian, red-crested or rufous-na Geoffroy's tamarin (Saguinus geoffroyi), also known as the Panamanian, red-crested or rufous-na
Intussusception. The condition is caused by an infolding of the small intestine, which often causes Intussusception. The condition is caused by an infolding of the small intestine, which often causes
During drought years on the Galapagos, small, easily eaten seeds become rare, le During drought years on the Galapagos, small, easily eaten seeds become rare, le
Small Town USA: Struggling to Survive Small Town USA: Struggling to Survive
Entrepreneurship: Starting and Operating a Small Business (3rd Edition) Entrepreneurship: Starting and Operating a Small Business (3rd Edition)
Video: Acid-base imbalances - compensation of respiratory acidosis and alkalosis

For a complete list of videos, visit our video library