What would it cost an insurance company to replace a familys personal property that originally cost $42,000?
Question:
What would it cost an insurance company to replace a family’s personal property that originally cost $42,000? The replacement costs for the items have increased 15 percent.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
420...View the full answer
Answered By
Sumit Kumar
I have completed B.Tech in Mechanical Engineering. I'm working as a teacher since various year after completing my degree and now also I'm working as a Mechanical Engineering expert to clear doubts of engineering students.As I have seen from many years, students have not much doubts if teacher clears their key concepts and lots of student stay away from main point of their subjects .It is a responsibility of good teacher to make strong base of students.In my experience I have teaches many students and observe their weakness and strength a lot .
0.00
0 Reviews
10+ Question Solved
Related Book For
Personal Finance
ISBN: 978-1259720680
12th edition
Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart
Question Posted:
Students also viewed these Business questions
-
What amount would it cost an insurance company to replace a family's personal property that originally cost $18,000? The replacement costs for the items have increased 15 percent.
-
You have been hired by an insurance company to design a flexible, overlapping salary structure for managerial staff with a job classification ranging from MS1to MS 8. The organisation has provided...
-
Two hospitals are bargaining with an insurance company to get into its provider network. The insurance company can earn $100 if it puts one of the hospitals in its network and $200 if it puts both...
-
Sally has a spinner game. Here are the rules of the game: The player pays $2 and spins the spinner. If the spinner lands on purple, the player wins $0.50. If the spinner lands on yellow, the player...
-
1. The percent of the U.S. population covered by an employment-based health insurance plan can be approximated by the expression - 0.75x + 63.8 where x is the number of years past 2000. Use this...
-
Whats wrong with expressions such as necessary prerequisite and big in size?
-
E 19-3 Multiple choice 1. Which of the following is considered an exchange transaction under GASB 33? a A city receives a federal grant b A bus driver collects bus fare from a rider c Property taxes...
-
Drake Paper Company sells on terms of net 30. The firms variable cost ratio is 0.80. a. If annual credit sales are $20 million and its accounts receivable average 15 days overdue, what is Drakes...
-
Foxx Corporation acquired all of Greenburg Company's outstanding stock on January 1, 2019, for $535,000 cash Greenburg's accounting records showed net assets on that date of $389,000, although...
-
An automated car wash called Jet Express outside a large Texas city on the beltway is deciding whether to build and install one dedicated vehicle wash line or have two parallel wash lines. There are...
-
Suppose that you have just inherited 500 shares of IBM common stock. What would you do with it, if anything?
-
Take another look at Figure 20.5 (Mergents research report for The Coca-Cola Company). Based on the research provided by Mergents, would you buy stock in Coca-Cola? Justify your decision by providing...
-
Calico Corners decides to sell $630,000 of its accounts receivable to First Central Factors Inc. First Central Factors assesses a service charge of 3% of the amount of receivables sold. Prepare the...
-
Using the ideas of kinetic particle theory when you come home from school and open the door you can smell food being cooked
-
The following information relates to Salamat Corporation for the last year.Salamat uses direct labor hours as an overhead base. Estimated direct labor hours 360,000 hours Estimated manufacturing...
-
Code in matlab the translational motion via numeric integration of the orbit (two-body orbit sufficient). Use the orbital characteristics of the Centaur V upper stage from the Atlas V launch on...
-
Lolita Company has the following information available for June 2020: Beginning Work in Process Inventory (25% as to conversion) 20,000 units Started 130,000 units Ending Work in Process Inventory...
-
Question 3 (15 marks) Sporty Ltd. produces scooters and skateboards. At the beginning of the year, the following volume of activities were budgeted for the year: Production volume/units Direct labour...
-
In 2018, Adrianna contributed land with a basis of $16,000 and a fair market value of $25,000 to the A&I Partnership in exchange for a 25% interest in capital and profits. In 2021, the partnership...
-
Time Travel Publishing was recently organized. The company issued common stock to an attorney who provided legal services worth $25,000 to help organize the corporation. Time Travel also issued...
-
1. Adam and Laura Jensen of Atlanta, Georgia, both of whom are in their late 20s, currently are renting an unfurnished two-bedroom apartment for $880 per month, plus $130 for utilities and $34 for...
-
(a) Which plan has the lowest total up-front costs? The highest? (b) What would be the full monthly payment for PITI and PMI for each of the options? (c) If the Johnsons had enough additional cash to...
-
(a) What services could a real estate agent provide for the couple, and what types of agents could represent them as they sell their current home? (b) A friend has advised them that they really need...
-
3. The nominal interest rate compounded monthly when your $7,000 becomes $11,700 in eight years is ________
-
An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 21% and a standard deviation of return of 39%. Stock B has an expected return of 14% and a...
-
Advanced Small Business Certifica Drag and Drop the highlighted items into the correct boxes depending on whether they increase or decrease Alex's stock basis. Note your answers- you'll need them for...
Study smarter with the SolutionInn App