« previous next »

Author Question: Drivers Miller and Taylor live in a state having no-fault auto insurance. Taylor causes an accident ... (Read 169 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
on: Jun 24, 2018
Drivers Miller and Taylor live in a state having no-fault auto insurance. Taylor causes an accident by hitting Miller's bike. Taylor is not hurt. Miller spends five days in the hospital at a cost of 6,400 . Compute the amount each driver's insurance company pays toward medical expenses.

Question 2

For the next two years, Walter and Beatrice Winetrout want to send 500 per month to their daughter in college. To make these payments, compute the amount that the Winetrouts should deposit today into an investment that will return 12 compounded monthly. Use Tables 23-2A and 23-2B or a calculator.


kkenney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 24, 2018
Answer to Question 1

Miller's company: 6,400 . Taylor's company: 0

Answer to Question 2

500  21.24339 = 10,621.70 deposit today


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

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.

Steady-state kinetic analysis of bisubstrate reactions Steady-state kinetic analysis of bisubstrate reactions
Plasma protein binding and drug availability: (a) drug exists in a free state or bound to plasma pro Plasma protein binding and drug availability: (a) drug exists in a free state or bound to plasma pro
Gibbons are lesser apes, and live in the forests of south and Southeast Asia. Gibbons are lesser apes, and live in the forests of south and Southeast Asia.
Life cycle of Ascaris: Adult worms (1) live in the lumen of the small intestine. A female may ... Life cycle of Ascaris: Adult worms (1) live in the lumen of the small intestine. A female may ...
State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below. State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below.
Neither heat-killed S-type nor live R-type bacteria can kill mice, but simultaneous injection of bot Neither heat-killed S-type nor live R-type bacteria can kill mice, but simultaneous injection of bot
Video: Non-specific disease resistance mechanisms & Skin's defense barriers

For a complete list of videos, visit our video library