Question 1 Jay Miller insured his pizza shop for $200,000 for fire insurance at an annual rate per $100 of $0.49. At the end of 10 months, Jay canceled the policy since his pizza shop went out of business. By using the table in the handbook, the refund to Jay is __________. $980 $852.60 $127.40 $186.20
Question 2 Al Roy bought five bonds of Jort Co. 11 3/4 at 93.25 and four bonds of Inst. System 12×08 for 81.125. If the commission on the bonds is $2.50 per bond, the total cost of all the purchases is __________. $4,662.50 $3,425.00 $7,930.00 $7,907.50
Question 3 Al Smith, who lives in Territory five, carries 10/20/5 compulsory liability insurance along with optional collision that has a $300 deductible. Al, who was at fault in an accident, caused $4,000 damage to the other auto, as well as $900 damage to his own. Also, the courts awarded $15,000 and $7,000 respectively to the two passengers in the other car for personal injuries. Al is responsible to pay a total of: $5,000 $5,600 $2,000 $5,300
Question 4 Bill Jones buys a fishing rod that sells for $70 subject to a 6% sales tax and an excise tax of 10%. The total amount Bill paid for the rod is __________. $77.00 $74.20 $81.20 $75.00
Question 5 Randy Smith bought 180 shares of a mutual fund with a NAV of $14.85. This fund has a load charge of 6%. What is the offer price? $17.54
$15.47 $15.74 $17.45
“WE’VE HAD A GOOD SUCCESS RATE ON THIS ASSIGNMENT. PLACE THIS ORDER OR A SIMILAR ORDER WITH HOMEWORK AIDER AND GET AN AMAZING DISCOUNT”
The post Jay Miller Insured His Pizza Shop appeared first on Homeworkaider.
What Students Are Saying About Us
.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐"Honestly, I was afraid to send my paper to you, but you proved you are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"
.......... Customer ID: 11***| Rating: ⭐⭐⭐⭐⭐
"This company is the best there is. They saved me so many times, I cannot even keep count. Now I recommend it to all my friends, and none of them have complained about it. The writers here are excellent."
"Order a custom Paper on Similar Assignment at essayfount.com! No Plagiarism! Enjoy 20% Discount!"
