Author Question: Ronald Salti has auto liability coverage of 15/30/10, no deductible comprehensive, and 250 ... (Read 119 times)

xclash · **on:** Jun 24, 2018

Ronald Salti has auto liability coverage of 15/30/10, no deductible comprehensive, and 250 deductible collision. He was at fault in an accident and ran into Susan Bell's car. In the court settlement, Susan was awarded 25,000 for bodily injury and 15,000 in property damages. Ronald's car sustained 2,800 in damages. How much will the insurance company be responsible to pay?

Question 2

The financial officer of Toys and Noise arranges a loan of 7,500, at 8.5 interest, for 33 months. Find the amount of simple interest. (Round to the nearest cent)
A) 1,560.21
B) 1,753.13
C) 8,480.21
D) 5,460.13