« previous next »

Author Question: Actors Limited had property valued at 600,000 and insured for 425,000. The fire insurance policy ... (Read 147 times)

student77

  • Hero Member
  • *****
  • Posts: 567
on: Jun 24, 2018
Actors Limited had property valued at 600,000 and insured for 425,000. The fire insurance policy contained an 75 coinsurance clause. What was the coverage ratio? (Round to the nearest percent)

Question 2

____________________ interest uses 365 days as the time factor denominator in the simple interest formula.
 Fill in the blank(s) with correct word


nanny

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 24, 2018
Answer to Question 1

94

Answer to Question 2

Exact


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Fire intervention guidelines Fire intervention guidelines
A fire safety plan like RACE saves lives. A fire safety plan like RACE saves lives.
Types of Health Insurance Service Coverage Types of Health Insurance Service Coverage
Prestige can sometimes be converted into property. Shown here is “Snooki” Polizzi, a reality ... Prestige can sometimes be converted into property. Shown here is “Snooki” Polizzi, a reality ...
The executive legislative "struggle" over foreign policy The executive legislative "struggle" over foreign policy
Fire power Mario Fire power Mario
Video: HIV Infection: Viral life cycle

For a complete list of videos, visit our video library