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Author Question: Aaron Schuler wants to purchase an automobile insurance policy with bodily injury and property ... (Read 143 times)

CQXA

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on: Jun 24, 2018
Aaron Schuler wants to purchase an automobile insurance policy with bodily injury and property damage coverage in the amounts of 25/50/25. In addition, he wants collision coverage with 250 deductible and comprehensive with full coverage. Aaron is in driver classification 2 and lives in territory 2. His vehicle, a Chevy Blazer, is in model class F and is 2 years old. The insurance company has assigned a 1.8 rating factor to his policy. Using Tables 19-6 and 19-7 from your text, calculate the total annual premium for Aaron's policy.

Question 2

Julius takes out a loan of 9,500, at 9.5 simple interest, for 4 months. What is the maturity value of the loan? (Round to the nearest cent)
 A) 10,191.25
  B) 10,265.00
  C) 9,883.00
  D) 9,800.83


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akemokai

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Reply #1 on: Jun 24, 2018
Answer to Question 1

549

Answer to Question 2

D


CQXA

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

Kedrick2014

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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