This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A mechanism for reducing financial risk and spreading financial loss due to unexpected events is ... (Read 172 times)

dalyningkenk

  • Hero Member
  • *****
  • Posts: 598
on: Jun 24, 2018
A mechanism for reducing financial risk and spreading financial loss due to unexpected events is called insurance.
  Indicate whether the statement is true or false

Question 2

Slingerland borrowed 8,000 on July 20, at 11 interest. If the loan was due on October 17, what was the amount of interest on the loan using the exact interest method?
 A) 263.01
  B) 273.06
  C) 214.58
  D) 285.20


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ally

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

C


dalyningkenk

  • Member
  • Posts: 598
Reply 2 on: Jun 24, 2018
:D TYSM

6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Mechanism of Action of Antihypertensive Drugs Mechanism of Action of Antihypertensive Drugs
Mechanism Mechanism
Mechanism of penicillin: (a) Bacterial cell wall strengthened by peptide cross-links. (b) Penicillin ... Mechanism of penicillin: (a) Bacterial cell wall strengthened by peptide cross-links. (b) Penicillin ...
How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree? How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree?
The lifetime risk for schizophrenia varies with the degree of relationship to an affected individual The lifetime risk for schizophrenia varies with the degree of relationship to an affected individual
An overview of the 5 types of gain, loss, or rearrangement of chromosome An overview of the 5 types of gain, loss, or rearrangement of chromosome
Video: Cardiac Cycle (Part 4 of 4)

For a complete list of videos, visit our video library