Ron has a homeowners insurance policy, which covers theft, with a deductible of d dollars. Two bicycles,
Question:
Ron has a homeowner’s insurance policy, which covers theft, with a deductible of d dollars. Two bicycles, worth b dollars each, and some tools, worth t dollars, were stolen from his garage. If the value of the stolen items was greater than the deductible, represent the amount of money the insurance company will pay algebraically.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
The thief did not really steal the bikes but made off with b times t dollars worth of ...View the full answer
Answered By
Brian Otieno
I'm Brian , an experienced professional freelancer with countless hours of success in freelancing many subjects in different disciplines. Specifically, I have handled many subjects and excelled in many disciplines. I have worked on many Computer Science projects and have been able to achieve a lot in that field. Additionally, I have handled other disciplines like History, Humanities, Social Sciences, Political science, Health care and life science, and Religion / Theology. My experience generally in these subjects has made me able to deliver high-quality projects in a very timely fashion. I am very reliable at my job and will get the work done in time, no matter what. In Addition, I have managed to ensure that the work meets my client's expectations and does not cause an error. I am a hard-working and diligent person who is highly responsible for everything I do. Generally, Freelancing has made me more accountable for doing my job. Additionally, I have had a passion for writing for the last seven years in this field.
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
Question Posted:
Students also viewed these Mathematics questions
-
Ron and Megan Dible needed some extra money so they decided to charge money for viewing some sexually explicit photographs and videos of themselves that they had posted on the Internet. While this...
-
Ron bought x dollars worth of stock and paid a y percent commission. Dave purchased p dollars worth of stock and paid a q percent commission, where x > p. Pick numbers for x, y, p, and q such that...
-
A small company manufacturers bicycles in two different sized. David, the company's owner-manager, has just received the following forecasts for demands for the next six months. a. Under what...
-
Knowledge Check 01 A company is in its first month of operations. Supplies worth $4,000 were purchased on January 5. At the end of the month supplies worth $3,000 were in hand. What adjusting entry...
-
The time (in seconds) that it took for each of 16 vehicles to exit a parking lot in downtown Cincinnati is Compute the mean, median, first quartile, and third quartile for the sample data. 106 53 69...
-
Use the fundamental principle of counting or permutations to solve the problem. In how many ways can 5 players be assigned to the 5 positions on a basketball team, assuming that any player can play...
-
What are the necessary conditions for use of the Gordon Model?
-
On January 1, 2013, Gless Textiles issued $12 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30 and December 31. Each $1,000 bond is convertible into 40 shares of...
-
Question 1 a. A bond has a $1,000 par value, 35 years to maturity, a 6% coupon, and a 5.85% YTM. The bond pays coupons semiannually. The bond is callable 8 years from today with a call price of...
-
The information listed below refers to the employees of Lemonica Company for the year ended December 31, 2016. The wages are separated into the quarters in which they were paid to the individual...
-
Tom took out a $440,000, 15-year adjustable rate mortgage with a 2.85% initial 6-month rate. The amortization table for the initial rate period is shown. After the first 6 months, the rate went up to...
-
We Move U charges for moving according to the rate schedule shown. Nicky is moving a distance of 150 miles and needs 7 hours of loading/unloading and 5 hours of packing/unpacking. What will her...
-
Why is the Cost of Goods Sold account debited in the journal entry to record a decline in inventory value under the lower of cost and net realizable value rule even though no merchandise has been...
-
In Exercises 29 and 30, find the probabilities and indicate when the "5% guideline for cumbersome calculations" is used. 29. Medical Helicopters In a study of helicopter usage and patient survival,...
-
Introduction to Internetworking Project 1: Ctrl-Alt-Del Inc. INTRODUCTION You have accepted a contract to participate in the design of the network infrastructure of a company called Ctrl-Alt-Del Inc....
-
Construct Arguments Tell whether each statement is always true, sometimes true, or never true. Explain. a. An integer is a whole number. b. A natural number is a rational number. c. An irrational...
-
Please answer the following Questions : 1. Who are the competitors for Whole Foods? 2. Do you consider traditional supermarkets to be competitors for natural and organic supermarkets? 3. How would...
-
LNC Corp is trying to determine the effect of its inventory turnover ratio and DSO on its cash conversion. Credit sales in 2016 is $101,000, cost of goods sold will be 70% of sales and it earned a...
-
Explain, using Theorems 4, 5, 7, and 9, why the function is continuous at every number in its domain. State the domain. tan x V4 - x? ()
-
Refer to the situation described inBE 18-13, but assume a 2-for-1 stock split instead of the 5% stock dividend. Prepare the journal entry to record the stock split if it is to be effected in the form...
-
Test the hypothesis that the low-fiber diet has an effect on cholesterol levels as compared with baseline (report your results as p < .05 or p > .05)? Nutrition, Cardiovascular Disease Previous...
-
Test the hypothesis that the high-fiber diet has a differential effect on cholesterol levels compared with a low fiber diet (report your results as p < .05 or p > .05)? Nutrition, Cardiovascular...
-
What is the approximate standard error of the mean for the high-fiber compared with the low-fiber diet (that is, the mean difference in cholesterol level between high- and low-fiber diets)?...
-
During 2024, its first year of operations, Hollis Industries recorded sales of $11,900,000 and experienced returns of $760,000. Cost of goods sold totaled $7,140,000 (60% of sales). The company...
-
What is the value of a 15% coupon bond with 11% return? Is it a discount or a premium bond?
-
A manufacturer with a December 31 taxation year end sells new machinery for $50,000 on January 2, 2022. The cost of the machinery is $20,000. The terms of the sale require an initial payment of...
Study smarter with the SolutionInn App