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

Author Question: Drake's Bakery sustained a fire loss of 2,260,000. They had multiple carrier fire insurance coverage ... (Read 166 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
on: Jun 24, 2018
Drake's Bakery sustained a fire loss of 2,260,000. They had multiple carrier fire insurance coverage on the building in the amount of 9,120,000. The coverage was: 3,465,600 policy held by Colonial, 2,736,000 policy held by The Hartford, and 2,918,400 policy held by Continental. Which of the three companies were responsible for 723,200 of the loss?

Question 2

The owner of a service station receives a loan of 8,500 at 10.5 for 7 months. Find the amount of simple interest.(Round to the nearest cent)
 A) 520.63
  B) 621.25
  C) 489.65
  D) 753.28


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 24, 2018
Answer to Question 1

Continental

Answer to Question 2

A


chads108

  • Member
  • Posts: 507
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Mass Loss by a Supermassive Star Mass Loss by a Supermassive Star
Multiple-dose drug administration: drug A and drug B are administered every 12 hours; drug B reaches Multiple-dose drug administration: drug A and drug B are administered every 12 hours; drug B reaches
This engraving of the Boston Massacre (1770) became the most reprinted depiction of the event, and p This engraving of the Boston Massacre (1770) became the most reprinted depiction of the event, and p
Ring of Fire Ring of Fire
Loud Music and Hearing Loss Loud Music and Hearing Loss
How the multiple-factor hypothesis accounts for the 1:4:6:4:1 phenotypic ratio How the multiple-factor hypothesis accounts for the 1:4:6:4:1 phenotypic ratio
Video: The pH scale - Strong acids and Weak acids

For a complete list of videos, visit our video library