Author Question: Based on the information in Marcus's auto insurance application, his agent has assigned Marcus to ... (Read 305 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
Based on the information in Marcus's auto insurance application, his agent has assigned Marcus to driver class 1 and placed his 10-year old car in model class J. The state where he lives requires minimum liability coverage of 15/30/10, and he also wants 250 deductible collision and 100 deductible comprehensive. Using Tables 19-6 and 19-7 from your text, find his total premium, if his state is in territory 3, and he has received a rating factor of 2.1. (Round your answer to the nearest cent)
 A) 300.00
  B) 360.00
  C) 630.00
  D) 491.40

Question 2

The last semimonthly payroll of Garcia Carpentry was 84,248 of gross wages for 38 employees. The company pays 5.2 of payroll for vacations and sick leave and 72.22 per employee for health insurance. What percent of payroll is the total cost of fringe benefits? (Round your answer to the nearest tenth of a percent)
 A) 2.9
  B) 8.5
  C) 9.5
  D) 25.4



adf223

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

For a complete list of videos, visit our video library