« previous next »

Author Question: Anchors Away Charter Boats purchased a second marina valued at 565,000. Their insurance company ... (Read 75 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
on: Jun 24, 2018
Anchors Away Charter Boats purchased a second marina valued at 565,000. Their insurance company quoted them 3.75 per 1,000 for insurance. How much would a two-year property insurance premium cost?
 A) 301.33
  B) 750.00
  C) 2,118.75
  D) 4,237.50

Question 2

Which amount will the insurance company pay on a claim filed by a business insured for 80 of the value with an 80 coinsurance plan, where the value of the business is 190,000 and the loss is 165,000?
 A) 132,000
  B) 152,000
  C) 165,000
  D) 190,000


Beatricemm

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

The Stillwater Mining Company The Stillwater Mining Company
Noid lights are usually purchased as an assortment so that one is available for any type or size ... Noid lights are usually purchased as an assortment so that one is available for any type or size ...
Pharmaceutical Company Representatives Pharmaceutical Company Representatives
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ... A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
Video: Mycobacterium tuberculosis: Drug Resistance and Natural Selection

For a complete list of videos, visit our video library