what would be the premium for a 21-year-old, single man who owns his car, purchasing insurance in the amount of 10/20/5

Answers

Answer 1

To get a more accurate estimate, it's best to compare quotes from different insurance providers and to consider factors such as deductibles, discounts, and other coverage options.

By shopping around and comparing prices, you can find the best coverage at the most affordable price.
Assuming you are referring to liability insurance, the coverage amount of 10/20/5 means that the policy would cover up to $10,000 for bodily injury liability per person, up to $20,000 for bodily injury liability per accident, and up to $5,000 for property damage liability per accident.

With that in mind, a 21-year-old, single man who owns his car can expect to pay a higher premium than an older, married man with a clean driving record.

According to recent statistics, young male drivers are considered to be a higher-risk group than older drivers, which means they are likely to pay more for car insurance.

While it's difficult to estimate the exact premium without knowing more details about the driver and their vehicle, it's safe to assume that a 21-year-old, single man who owns his car and purchases insurance in the amount of 10/20/5 can expect to pay a relatively high premium.

This is due to the higher risk associated with their age group and gender.

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Related Questions

If total fixed costs are unchanged while variable costs and sales price increase by the same amount per unit, what happens to the break-even point?

Answers

If total fixed costs increases while the variable costs and sales price are kept unchanged, the break-even point will increase, and therefore more units will be sold to break-even quantity.

Break-even analysis describes the process of  calculating as well as examining the margin of safety for any entity which is based on the revenues collected and associated costs.

In the  other words, the break even analysis shows how many sales are required  to pay for the cost of doing business.

Analyzing different price levels at the various levels of demand, the break-even analysis determines which level of sales are necessary to cover the company's total fixed costs.

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A variable can be called or referenced before it has been defined.
O True
O False

Answers

Answer:

True.

Explanation:

QUESTION 6 of 10: You had five designers work 45, 40, 36, 42 and 37 hours respectively. What is the average number of hours they worked?
a) 39
b) 40
c) 41
d) 42

Answers

Answer:

B) 40

Explanation:

use the mean formula,

sum of data / number of data

Which best describes inserting a table using the Table Gallery?

The user can click on Insert Table.
There are many options on how to include a table.
The user can make a quick selection of the number of rows and columns present.
The user can click to use an Excel spreadsheet.

Answers

Answer:

2

Explanation:

the history of the textile industry raises important questions for economic policy. true false

Answers

The history of the textile industry raises important questions for economic policy. its  true .

The methods for determining tax rates, government spending, the money supply, and interest rates, as well as the labor market, national ownership, and many other areas of government interventions in the economy, are all included in the concept of the economy of governments. The majority of economic policy elements fall into one of two categories: monetary policy, which deals with central bank activities related to the money supply and interest rates, or fiscal policy, which deals with government actions related to taxation and spending. International organizations like the International Monetary Fund and the World Bank, as well as political ideologies and the ensuing party policies, frequently have an impact on such policies.

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Felicity earns $39.990 per year in take-home pay. What is the most money a
housing expert would advise her to spend on a monthly mortgage payment?

A. $987.24
B. $3990.00
C. $833.13
D. $666.50

Answers

Answer:

C. $833.13

Explanation:

Home experts advocate for the 28/36 rule. As per this rule, total household expenditure on debts,  including mortgages, should not exceed 36 % of monthly gross income. Monthly spending on mortgages should not exceed 28% of monthly income.

Felicity annual income = $39,990

Monthly income = $39,990/12

monthly income =$3,332.50

The maximum amount to be spent on mortgages

= 28% of $3,332.50

=28/100 x 3,332.50

=$933.1

Felicity should not spend more than $933.1 on the mortgage alone

From the options provided, $833.13 should be the recommended amount

Benny surveyed a group of individuals from diverse backgrounds regarding his company's latest advertisement. He found that the part that most of the individuals remembered about the advertisement was the joke. Which feature of advertisements have the individuals in bennys survey group depicted ?

Answers

Answer:

B). Ad recall

Explanation:

The 'ad recall' feature of the advertisement is being displayed in Benny's survey group as it aims to evaluate the number of people who remembered the latest advertisement of his company within the two days of the display. The survey primarily aims to check how memorable was their advertisement to the people to check if the advertisement was effective enough and able to create desired impact or not.  Thus, option B is the correct answer.

Answer:

B. ad recall

Explanation:

For all Plato users

Offering a discount to customers who fill out a satisfaction survey is considered by marketing research firms to be _____.

Answers

Offering a discount to customers who fill out a satisfaction survey is considered by marketing research firms to be an incentive or a form of reward to encourage participation and increase survey response rates.

Marketing research firms often strive to collect valuable feedback from customers through surveys to gain insights into customer satisfaction and preferences. To motivate customers to participate in these surveys, offering a discount can serve as an incentive or reward. By providing a financial benefit or reduced cost, customers are more likely to take the time to complete the survey, increasing the response rate and improving the overall quality of data collected. This approach recognizes the value of customers' time and opinions and aims to create a win-win situation where customers benefit from the discount, and the firm gains valuable insights to enhance their marketing strategies and improve customer satisfaction.

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Who wrote the letter titled "Bank Meeting"?

Question 1 options:

Alexander Rees


Arlo Rees


Arthur Rees


Aluminum Rees

Answers

Answer:

Alexander Rees ,...........

The person who wrote the letter titled "Bank meeting" is A. Alexander Rees.

Who is Alexander Rees?

In problems involving environmental, safety, and health issues, D. Rees Alexander advances his clients' goals in a thoughtful and innovative manner. His practice encompasses all facets of environmental law, including matters under the Clean Water Act, Clean Air Act, Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), Safe Drinking Water Act, and Toxic Substances Control Act (TSCA), as well as common law toxic tort matters.

He has extensive experience in litigation, transactional matters, and regulatory/policy advocacy. Therefore, based on the information, the correct option is A.

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Haver Company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 57,000 units of RX5 follows. Direct materials $ 5.00 Direct labor 9.00 Overhead 10.00 Total costs per unit $ 24.00 Direct materials and direct labor are 100% variable. Overhead is 80% fixed. An outside supplier has offered to supply the 57,000 units of RX5 for $20.00 per unit. Required: 1. Calculate the incremental costs of making and buying component RX5.

Answers

Answer

Making the product 922,000

Buying the product 1,140,000

Explanation:

Total Incremental Costs of:

Making the Units Buying the Units

Direct Material295,000 (5*57000)

Direct Labor 513,000

(9*57000)

Overhead 114,000

(10-(10*80%)*57000

Purchase Price 1,140,000 (20*57000)

Total Costs 922,000 1,140,000

Answer:

To Make Incremantal Costs = $ 912,000

To Buy Incremental Costs = $ 1,140,000

Explanation:

incremental costs of making and buying component RX5

To Make Incremantal Costs

Direct materials $ 5.00 × 57,000 units         285,000

Direct labor $9.00 × 57,000 units                 513,000

Overhead $10.00 × 20% × 57,000 units        114,000

Totals                                                               912,000

To Buy Incremental Costs

Purchase Price  $20.00 × 57,000 units       1,140,000

Totals                                                              1,140,000

Note : Fixed Overheads have been excluded as they are incurred whether or not the Haver Company makes or buys the component RX5. Thus not incremental.

Any two feature of business​

Answers

Answer:

buying and selling ,profit motive

marr is 6% annual effective. if the marr is 6% annual effective, explain how you would decide between these two alternatives

Answers

To decide between two alternatives with a 6% annual effective Minimum Acceptable Rate of Return (MARR), we would compare the net present value (NPV) of each alternative. The alternative with the higher NPV would be the preferred choice.

The Minimum Acceptable Rate of Return (MARR) represents the minimum rate of return that an investment or project must generate to be considered acceptable. In this case, with a MARR of 6% annual effective, we need to evaluate the alternatives based on their potential returns.

To make a decision between the alternatives, we would calculate the net present value (NPV) for each alternative. NPV measures the difference between the present value of cash inflows and outflows associated with each alternative.

We would discount the cash flows of each alternative using the MARR of 6% to bring them to their present value. Then, we would subtract the initial investment or cost from the present value of cash inflows to calculate the NPV.

The alternative with the higher NPV would be considered more favorable because it generates a higher return above the MARR.

By comparing the NPVs, we can determine which alternative provides a higher potential return and is more likely to meet or exceed the 6% MARR.

Selecting the alternative with the higher NPV ensures that the investment or project is expected to deliver a greater value and is therefore a better choice based on the specified MARR.

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Which of the following financial institutions does not take customer
deposits?
A. Investment bank
B. Credit union
C. Commercial bank
D. Savings bank

Answers

Option (A) Investment bank is correct.

Investment bank does not take customer deposits.

What meant by Investment bank?

Investment banks are financial institutions that sell their services and act as a middleman in complex transactions like mergers or a startup's initial public offering (IPO). They are also capable of acting as brokers or financial advisers for significant institutional clients like pension funds.

Investment banks do not accept deposits; rather, they help individuals, groups, and governments raise money by issuing securities. Investment companies, often known as mutual fund companies, pool money from institutional and ordinary investors to offer them access to a greater variety of assets. While some financial institutions take deposits, others only offer particular banking services. These non-depository financial institutions include brokerage houses, finance companies, insurance companies, and pension funds. They provide services to both people and companies.

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variable costs are the costs that are incurred to build factories and assembly plants. are independent of the amount of output produced. stay fixed with the quantity of output produced. vary with the quantity of output produced.

Answers

Variable costs are the costs that are incurred to build factories and assembly plants vary with the quantity of output produced

An expense for the company that varies according to how much is produced or sold is called a variable cost. Depending on a company's production or sales volume, variable costs rise or fall. They rise as production rises and fall as production declines.

But not all variable costs are related to direct expenses. For instance, variable overhead costs in manufacturing are variable expenses that are indirect costs rather than direct costs. Because they change depending on how many units are produced, variable costs are also known as unit-level costs.

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The maximum outstanding balance you should have on a credit card is called: ______________

Answers

The maximum balance that should be kept on a credit card is referred to as the "credit limit."

What is the credit limit?

The term "credit limit" refers to the maximum balance that should be carried on a credit card.

The greatest amount of credit that a financial organization will grant a customer is referred to as the credit limit.

On a credit card or line of credit, a lending institution extends a credit limit.

Credit limitations are often set by lenders using the information provided by applicants for credit.

A credit line that has been maxed out has reached or exceeded its credit limit.

This cap is determined by a number of variables, such as a person's capacity to pay interest, a business's cash flow, or a person's capacity to pay off the credit card debt, and it is the consumer's responsibility to pay it just like all other expenses.

Therefore, the maximum balance that should be kept on a credit card is referred to as the "credit limit."

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.What are some potential difficulties that you might encounter when doing business in the Chinese market?

Answers

Answer:

The answer is below

Explanation:

There are various potential difficulties one might encounter when doing business in the Chinese market. Some of which are:

1. Intellectual property issue: this is an area of business that is known to be one of the big issues in China. It is reported that a lot of inventors have problems in protecting their inventions, as many other competitors can just pick the invention idea and build on it without sanctions.

2. Governmental challenges: there is a huge issue of lack of transparency and corruption in China, most especially against foreign business owners.

3. Market Access: because of the diverse and big difference in consumers' consumption habits and distribution operations in China compared to other countries, most especially non-Indochina countries, will make the market access difficult for foreign business.

4. Consumer preference: consumers' preference in China is reported to be different and distinct compared to what is obtained outside China. Hence, foreign business owners will find it challenging to cope.

5. Bureaucracy: to obtain necessary licenses and permits in china requires going through a long process, which may even be more delayed to foreign business owners.

explain the role of finance in business​

Answers

Answer:

FINANCE is the function in a business responsible for acquiring funds for the firm, managing funds within the firm, and planning for the expenditure of funds on various assets. ... FINANCIAL MANAGEMENT is the job of managing a firm's resources so it can meet its goals and objectives.

Writing Information related to Mingenback Company for 2020 is summarized below.
Total credit sales $2,500,000
Accounts receivable at December 31 875,000
Bad debts written off 33,000
Instructions
a. What amount of bad debt expense will Mingenback Company report if it uses the direct write-off
method of accounting for bad debts?
b. Assume that Mingenback Company estimates its bad debt expense based on 6% of accounts receivable. What amount of bad debt expense will Mingenback record if it has an Allowance for Doubtful
Accounts credit balance of $3,000?
c. Assume the same facts as in (b), except that there is a $3,000 debit balance in Allowance for Doubtful
Accounts. What amount of bad debt expense will Mingenback record?
d. What is the weakness of the direct write-off method of reporting bad debt expense?

Answers

A- Direct write-off method: $33,000 bad debt expense.

b. 6% of accounts receivable with $3,000 credit balance: $52,500 bad debt expense.

c. $3,000 debit balance in Allowance for Doubtful Accounts: No additional bad debt expense.

d. Weakness of direct write-off method: Failure to match expenses with revenues, violating the matching principle.

a. Calculation for bad debt expense using the direct write-off method:

Bad debt expense = Bad debts written off = $33,000

b. Calculation for bad debt expense based on 6% of accounts receivable:

Bad debt expense = 6% of accounts receivable = 6% * $875,000 = $52,500

c. Calculation for bad debt expense when there is a $3,000 debit balance in Allowance for Doubtful Accounts:

Since there is a debit balance in the Allowance for Doubtful Accounts, it indicates that the existing balance is sufficient to cover the estimated bad debts. Therefore, no additional bad debt expense needs to be recorded.

d. The weakness of the direct write-off method of reporting bad debt expense is that it does not match expenses with revenues in the period incurred. Under this method, bad debts are only recognized when they are actually written off, which can result in significant time lags and distortions in the financial statements. It fails to provide an accurate representation of the company's financial position and performance. Additionally, it does not adhere to the matching principle of accounting, which requires expenses to be recognized in the same period as the related revenues. As a result, the direct write-off method is generally not accepted for financial reporting purposes and is primarily used for tax reporting or for small businesses with insignificant bad debt amounts.

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PLEASE ANSWER QUICK!!! I WILL GIVE BRAINLIEST AND 50 POINTS!!!

PLEASE ANSWER QUICK!!! I WILL GIVE BRAINLIEST AND 50 POINTS!!!

Answers

The answer is number 4

..

Match the different account heads to the two aspects of business.

Match the different account heads to the two aspects of business.

Answers

Answer:

See below

Explanation:

Match Source A

The business owns:

Are assets that belong to the business.

investments

intangible assets

Property, Plant, and Equipment

Current assets

Match source B

Match owes :

Refer to the liabilities of the business. They belong to others.

loans

payable

your marketing dashboard shows sales performance by sbu, which is an example of a ____.

Answers

Your marketing dashboard shows sales performance by SBU, which is an example of a metric.

In marketing, a metric is a measurable value that is used to evaluate and track the performance of a specific aspect of a marketing campaign, strategy, or initiative. Metrics are often used in marketing dashboards to provide a visual representation of the data, allowing marketers to quickly analyze and understand the results.

A marketing dashboard is a tool that provides a real-time overview of the performance of a company's marketing activities, campaigns, and initiatives. It usually includes various metrics that are relevant to the specific goals and objectives of the organization. SBU, or strategic business unit, is a separate unit within a larger organization that has its own strategy, objectives, and budget.

Sales performance by SBU is an example of a metric that measures the revenue generated by each unit. This metric can be used to evaluate the effectiveness of each SBU's marketing campaigns, identify areas of improvement, and allocate resources based on the performance.

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Application of science and research the human life environments

Answers

what??
there’s no question
What?
Confused I’m trying to help , re upload ur question correctly

Vertical Integration is when a company _____________.

Answers

Answer:

Vertical integration is when a company owns or controls its suppliers, distributors or retail locations to control its value or supply chain

he government increasing/decreasing its spending and/or increasing/decreasing tax rates would have to do with ________________. *

Answers

Answer:

Fiscal policies

Explanation:

Fiscal policies are the actions of the government of adjusting taxes and expenditure to achieve desired macroeconomics objectives. The government's spending and taxation activities have a great influence on the level of economic activities in the country.

The government has the objective of maintaining stable prices, a low inflation rate,  a low unemployment rate, and steady economic growth. Through its various agencies, the government receives data showing the parameters of each of the macroeconomic variables.  Depending on the state of the economy, the government adjusts taxes and spending to achieve desired objectives.

HELP ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

About which activity or aspect of the distribution function does David need more guidance?

David works as a warehouse employee for a business that manufactures kitchenware. The utensils and other items that the business manufactures are extremely delicate. Recently, David dropped some expensive glassware when he was loading the items in a truck. David’s manager has decided to provide him better guidance about an important aspect of distribution, which is BLANK.

Answers

Answer: I think it’s marketing

Explanation:

What is an example of a musical work?
A musical theater script
The playlist used for a pop radio station
The design of a particular musical instrument
The sheet music of a popular movie soundtrack

Answers

Answer:

sheet music of a popular movie soundtrack

Answer:

nhd wdbbdbdbdhduwdhbdubdjkdn9uwdhdbddknd

Explanation:

how do product managers manage their product mix

Answers

Answer:

sorry if this dosent help

Explanation:

Considering the leap from being a product manager to a leadership role, but not sure what’s involved in managing product managers? You’re smart to look into this. The responsibilities of product leadership and the skills required, are very different those of a product manager.

Managing product managers can be an exciting and rewarding career. But before we jump into the details, here’s one key point that might change your perspective.

A buyer with a 30-year, $750,000 loan at a 5.75% interest rate has a monthly principal and interest payment totaling $4,376.80. if $3,593.75 is interest, how much is applied to principal?

Answers

$783.05 is applied to principal for $750,000 loan at a 5.75% interest rate has a monthly principal and interest payment totaling $4,376.80.

given data:

Principal loan = $750,000

Monthly principal = $4,376.80

Interest payment = $3,593.75

the formula will be:

principal applied  = Principal loan - (  Monthly principal - Interest               payment)

                             = $750,000 - ( $4,376.80 - $3,593.75)

                             = $783.05

In addition to the principle amount, the lender will charge the borrower an interest rate. Given the time worth of money, a person who deposits money in a bank or other financial institution also makes more money, known as interest, which is paid to the receiver. In relation to the amount lent, deposited, or borrowed, the amount of interest payable each period is expressed as an interest rate (called the principal sum). The total amount of interest on a loaned or borrowed sum is determined by the principle amount, the interest rate, the frequency of compounding, and the period of time during which it is lent, deposited, or borrowed.

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scale is not as important as style when decorating a room

A. True
B. False

Answers

Answer:

b

Explanation:

once a style is chosen all pieces should be in the designated style

According to the Small Business Administration, the percentage of businesses that
survive the first five years is about

Answers

Answer:

50%

Explanation:

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Which set of side lengths could be the sides of a triangle? .28 cm, 7 cm, 20 cmB.16 cm, 5 mm, 8 cmC.9 cm, 9 cm, 11 cmOD. 34 cm, 12 cm, 13 cmPlease hurry its a Galileo!!!! when foreign dna and plasmid are both cut with the same restriction enzyme and then mixed together, all molecules will form recombinants. Jenny is a sales manager who is preparing a performance review about one of her employees. The employee hasnt been achieving his sales targets for the past several months. Jenny must use an objective___in report. Also, she must aim to be ___ of the employee while conveying the negative feedback. Question 1 options convention style toneQuestion 2 options criticalrespectful scornful when a person is acting as a property manager for another party, is a license required if no fee is charged six characteristics of present society Which sentence from the excerpt contains a stated physical trait? O Stanley and his parents didn't believe in curses, of course, but whenever anything went wrong, it felt good to be able to blame someone. O They always seemed to be in the wrong place at the wrong time. O He watched the rise and fall of a telephone wire. In his mind he could hear his father's gruff voice softly singing to him. the whole numbers are written consecutively in rows as shown. each row contains two more numbers than the previous row. 123{,}000 is the m th number in the n th row (counting from the left). enter the values of m and n in this order, separated by a comma. Which movement has had the largest impact on state legislative races in recent years? Multicellular organisms have a ______ system that allows them to maintain a constant and stable pH.Group of answer choicesa. aan acidb. basec. bufferd. both a and b Which activity can help decrease our ecological footprint?:A. Using more paper and plastic plates to save on electricityB. Encouraging more suburban developmentC. Using more plastics goodsD. Making laws that limit commercial fishing The 1920s were a decade in which the economy became rooted, to an unprecedented degree, in the production of consumer goods. Parallel to this shift, was a marked change in the nature of work.1. Articulate the relationship between the reorganization of production relations that characterized the economy of the 1910s and 1920s, and the increased tendency toward consumer spending.2. Explain how new attitudes toward spending and leisure shaped the new consumer economy, as well as how these new attitudes came about In the 1920s. Which of the following statement is true?A) The reradiation from the Earth to space mainly consists of longwave rays.B) The reradiation from the Earth to space mainly consists of short rays.C) Atmospheric water vapor can absorb shortwave energy from the Earth.D) Atmospheric water vapor can absorb ultraviolet energy from the Earth.E) A and C are true. F) B and D are true. please help me with this !!! Which one is it correct here? After an arrest is made in Georgia, what is the last step in the pretrial process of an adult defendant? Campus athletics is interested in the proportion of registered students living on campus who play basketball recreationally during the semester. They take a random sample of 198 registered students listed as living in campus housing and ask each whether or not they do so. A 95% confidence interval is correctly calculated from this data as (0.12, 0.18). Which of the following is the correct interpretation of this confidence interval ? a. None of these are correct. b. We are 95% confident that the proportion of the 198 sampled students that actually play basketball is between 0.12 and 0.18 c. We are 95% confident that, among the population of students that play basketball recreationally, the proportion who live on campus is between 0.12 and 0.18. d. The sample proportion of on-campus students that play basketball will be between 0.12 and 0.18 in 95% of samples of size 198 Why is it important to gain customer acceptance of your project outcomes? Explain your reasons.Research project management closing activities online and summarize at least three ways that project managers verify and validate the delivery of project scope. 4. if charge q is stored on a capacitor, what is the magnitude of positive charges stored on one plate? what is the magnitude of negative charges stored on the opposite plate? shown below is the reaction of an alkene with an electrophile. reaction for the mechanism step below, draw curved arrows to show electron reorganization. use the arrow tool to specify the origin and the destination of the reorganizing electrons. consult the arrow-pushing i Topic 7: The Flint, Michigan water crisis has yet to be resolved. In a country such as America, is such a basic necessity as clean water a violation of citizens' rights and or human rights? Explain why, or why not. Supports: 1. 2. 3.Thesis: