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Author Question: Which of the following statements about the businessowners policy is (are) true? I. It is ... (Read 49 times)

meagbuch

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Which of the following statements about the businessowners policy is (are) true?
 
  I. It is designed to meet the insurance needs of large manufacturing firms.
  II. It is a package policy designed to meet the basic property and liability needs of an insured in a single contract.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

It is your 6th birthday today. You have a trust fund with 50,000 that is earning 8 per year. You
  expect to withdraw 30,000 per year for 7 years starting on your 22nd birthday for graduate school.
 
  How much money will be left in the trust fund after your last withdrawal (rounded to the nearest
  10)?
  A) 4,140
  B) 125,660
  C) 35,780
  D) You will not have enough money to pay for graduate school.


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joechoochoy

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meagbuch

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review


xiaomengxian

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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