Sammy says, “I don’t think it’s fair that I have to pay for car insurance when I’m a super safe driver.” Explain why this logic is flawed.

Answers

Answer 1

Answer:

Car insurance isn't in place for people who are bad drivers, although I'm sure it helps them too. It's in place for situations you can never predict. Just because you're a good driver doesn't mean the people around you aren't. You have no control of other people's actions, so you might actually need that insurance Sammy.

Explanation:

im smart

Answer 2

This logic that "I don’t think it’s fair that I have to pay for car insurance when I’m a super safe driver.” is absolutely illogical as the rules and regulations set by the TRANSPORT DEPARTMENT is for every individual travelling on streets by any vehicle whether it is bicycle or a a four wheeler.

What are the Traffic Rules to drive a vehicle?

Always have valid documents of the vehicleAlways carry the Driving LicenseDo not drink and driveDo not use Mobile while drivingDo not OverspeedAlways stop at Red LightAlways wear Helmet on Two wheeler and seat belt on Four wheeler.Always have Insurance of the vehicle

Why Insurance of Vehicle is Mandatory?

Having Insurance of Car is mandatory because it ensures the financial safety of the person who is driving and also if any casualty happened, it also ensure the financial safety of that person. Casualty can happen because of many reasons and it does not completely depends on the efficiency of the driver.

To learn more about Traffic Rules, click here

https://brainly.com/question/3000878

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Related Questions

explain how extending credit builds customer loyalty.

Answers

Answer:

spending more to improve quality of product according to customers expectations

Type the correct answer in the box. Spell all words correctly.
What does this situation demand from the company?
Martha bought a new laptop a week ago. She’s having trouble understanding how the laptop functions. She wants the store where she bought the laptop to help her. The store should provide Martha with good_______
by giving her all the information she needs.

Answers

Answer:

After-sales service

Explanation:

After-sales service are all the efforts of a business to keep its clients happy and satisfied with the products they have purchased. It is providing care to customers after they have made purchases from the business. After-sale service help in retaining and building loyal customers.

Some of the techniques used in after-sales service include

Keeping in touch with customers after purchases Responding to customer queries either on call, emails, or customer visit Offering technical supports when a customer is facing challenges like in the scenario described above

Answer:

customer service

Explanation:

I just took the test on Edmentum

Marlie has to decide whether she could afford to make interest only payments for the first 4.5 years or decides to make no payments during the 4.5 years the interest will be capitalized at the end of the. Suppose marlie decides to defer The payments

Answers

Incomplete question. The full question read;

Marlie will be starting college next month. She was approved for a 10-year, Federal Unsubsidized student loan in the amount of $18,800 at 4.29%. She knows she has the option of beginning repayment of the loan in 4.5 years. She also knows that during this non-payment time, interest will accrue at 4.29%. Marlie has to decide whether she can afford to make interest-only payments for the first 4.5 years or defer all payments for that period of time. If she decides to make no payments during the 4.5 years, the interest will be capitalized at the end of that period. Suppose Marlie decides to defer the payments.

a. What will be the new principal when she begins making loan payments?

b. How much interest will she pay over the life of the loan?

Answer:

a) $22,429.34.

b) $5,292.20

Explanation:

a. To determine the new principal when she begins making loan payments we use the simple terms formula:

S.I = principal * rate * time

principal = $18,800, rate = 0.0429 (converted to decimal; 4.29/100), time = 4.5

S.I = 18,800 * 0.0429 * 4.5 = $3,629.34

New principal = interest paid + borrowed amount = $3,629.34 +  $18,800 = $22,429.34.

b) Remember, she had paid interest for 4.5 years, meaning we are calculating the remaining 5.5 years to complete the 10-year life of the loan, also taking note of the new principal.

Hence the total Interest paid over the life of the loan = $22,429.34 * 0.0429 * 5.5 = $$5,292.20.

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