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Author Question: Which of the following statements about joint underwriting associations for insuring high-risk ... (Read 64 times)

xclash

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Which of the following statements about joint underwriting associations for insuring high-risk drivers is (are) true?
 
  I. Underwriting losses are proportionately shared by all auto insurers based on premiums written in the state.
  II. Each company participating in a joint underwriting association sets it own rates.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

How much money do I need to place into a bank account that pays a 1.08 rate in order to have
  500 at the end of 7 years?
 
  A) 629.51 B) 463.78 C) 751.81 D) 332.54


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kishoreddi

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xclash

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Reply 2 on: Jul 11, 2018
Excellent


miss_1456@hotmail.com

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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