in 2 hours 10 question!!!
1- Solve the collection.
The Corner Cafe has a redemption require of $262,000 and is insured for $186,020 behind a while an 80% coprotection chapter. The edifice has a inspirer dropping of $24,300. How fur accomplish the protection gang pay?
Select one:
a. $24,300
b. $25,880
c. $21,566
d. $17,253
2- Find the total remunerated by each protection gang. Assume that any coprotection condition is met.
Insurance dropping: $15,000
Company A coverage: $90,000
Company B coverage: $30,000
Select one:
a. A pays: $11,250
B pays: $3750
b. A pays: $10,500
B pays: $4500
c. A pays: $15,000
B pays: $0
d. A pays: $13,500
B pays: $1500
3- Solve the collection.
A driver injures a bicycle rider. The driver has compactedly damnification limits of 15/30. In seek, the damaged rider is awarded indemnification of $19,000 Find the total that the protection gang must pay and the total that the insured must pay.
Select one:
a. $30,000, $0
b. $19,000, $0
c. $15,000, $4,000
d. $0, $15,000
4- Find the capacity prize behind the fond compute of years, using the straight-line manner. Round your reply to the unswerving dollar.
Find the capacity prize at the end of the primitive year.
Cost: $4500
Estimated condition: 5 years
Estimated scantling prize: $700
Select one:
a. $3740
b. $2980
c. $3600
d. $760
7- Solve the collection. Round to the unswerving dollar.
Rainbow Ice Cream bought a frozen custard manufacturer that require $6500. The expected condition is 6000 hours of origination behind a while a salvage prize of $650. Find the capacity prize at the end of the third year. Use the units-of-origination manner of deterioration fond the forthcoming origination list.
Year 1 1530 hours
Year 2 1650 hours
Year 3 1290 hours
Select one:
a. $2119
b. $4381
c. $1469
d. $1657
8- Solve the collection. Round to the unswerving dollar.
Central Street bought a rolling means that require $76,000. The expected condition is 700,000 hours of origination behind a while a salvage prize of $7600. Find the capacity prize at the end of the third year. Use the units-of-origination manner of deterioration fond the forthcoming origination list.
Year 1 175,000 hours
Year 2 171,000 hours
Year 3 164,000 hours
Select one:
a. $51,000
b. $25,000
c. $20,629
d. $17,400
9- Find the annual straight-line reprove of deterioration for the estimated condition.
50 years
Select one:
a. 0.2%
b. 1.0%
c. 2.0%
d. 50%
10- Find the total remunerated by each of the multiple dischargers.
The Hamilton Race Track had a inspirer dropping of $319,000. They had protection as follows: gang A $250,000, gang B, $200,000 ; and gang C, $50,000. Find the total remunerated by each discharger. Assume the coprotection condition is met.
Select one:
a. A pays: $127,600
B pays: $127,600
C pays: $63,800
b. A pays: $319,000
B pays: $0
C pays: $0
c. A pays: $159,500
B pays: $106,333
C pays: $53,167
d. A pays: $159,500
B pays: $127,600
C pays: $31,900
