This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Sarah purchased a Personal Auto Policy with liability limits of 50/100/25. Sarah ran a stop sign and ... (Read 114 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
on: Jul 11, 2018
Sarah purchased a Personal Auto Policy with liability limits of 50/100/25. Sarah ran a stop sign and hit a van. The van sustained 15,000 in damages.
 
  The following bodily injuries were suffered by passengers in the van: Passenger 1, 15,000; Passenger 2, 60,000; and Passenger 3, 10,000. Sarah sustained 5,000 in medical expenses, and Sarah's car sustained 10,000 in damages. How much will Sarah's insurer pay under Part A: Liability Coverage?
  A) 90,000
  B) 100,000
  C) 115,000
  D) 125,000

Question 2

The present value of 1,000 to be received in 5 years is ________ if the discount rate is 12.78.
 
  A) 368 B) 687 C) 494 D) 548


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

D


FButt

  • Member
  • Posts: 519
Reply 2 on: Jul 11, 2018
:D TYSM

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

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?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

The elephant raises its trunk as a sign of warning or to smell enemies or friends The elephant raises its trunk as a sign of warning or to smell enemies or friends
Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital" Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital"
Hematuria. An analysis of urine is performed to evaluate kidney function. In this illustration, the Hematuria. An analysis of urine is performed to evaluate kidney function. In this illustration, the
Personal Finance (5th Edition) (The Personal Series in Finance) Personal Finance (5th Edition) (The Personal Series in Finance)
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 ...
Retroauricular Ecchymosis (Battle's Sign) Retroauricular Ecchymosis (Battle's Sign)
Video: Glycolysis - and oxygen

For a complete list of videos, visit our video library