the 100,000 cars in your city experience unrecoverable losses of $40,000,000 per year from theft, collisions, etc. if 25% of premiums are used to cover business expenses, what premium must be charged to car owners?

Answers

Answer 1

Premiums are used to cover business expenses, what premium must be charged.The automobile costs $ 16615 after the $90 premium.Given that the monthly premium for a $12,000 automobile is $65 Scot's monthly auto insurance payment is $90.

In general, the term "proportion" refers to a part, share, or amount that is compared to a whole. According to the definition of proportion, two ratios are in proportion when they are equal. Two ratios or fractions are equal when an equation or a declaration to that effect is utilised.Let's say the premium is $90 and the cost of the car is x. Now, 12000:65::x:90.X=108000O/65 = 12000 x 90 = 65 x x 1080000.Let's say the premium is $90 and the cost of the car is x. At this point, 12000: 65:: x:90 12000 x 90 = 65 x x 1080000 = 65x X=1080000/65 X=16615.38 = 16615 .The price of the automobile with the premium is therefore $ 16615.

To know more about Premiums visit:

https://brainly.com/question/29030897

#SPJ4


Related Questions

Two major automobile manufacturers have produced compact cars with the same size engines. We are interested in determining whether or not there is a significant difference in the MPG (miles per gallon) of the two brands of automobiles. A random sample of eight cars from each manufacturer is selected, and eight drivers are selected to drive each automobile for a specified distance. The following data are used for this paired/matched sample t test.
Driver Manufacturer A Manufacturer B
1 32 28
2 27 22
3 26 27
4 26 24
5 25 24
6 29 25
7 31 28
8 25 27
After conducting the hypothesis test, given significance level of =0.05, we can conclude that:
a. Because the p-value is larger than the significance level of 0.05, we fail to reject the null hypothesis and conclude that there is no significant evidence that the two brands have different MPG’s.
b. Because the p-value is larger than the significance level of 0.05, we fail to reject the null hypothesis and conclude that the two brands have same MPG’s.
c. Because the p-value is smaller than the significance level of 0.05, we reject the null hypothesis and conclude that there is significant evidence that the two brands have different MPG’s.
d. Because the p-value is larger than the significance level of 0.05, we reject the null hypothesis and conclude that there is significant evidence that the two brands have different MPG’s

Answers

The correct option is option B

Driver     A         B      Difference

1              32      28          4

2             27      22          5

3             26      27          -1

4             26      24          2

5             25      24          1

6             29      25         4

7             31       28         3

8            25      27         -2

Average = 2.00

Std dev = 2.507

Test statistic = 2.256

df = 7

P - value = 0.059

So, the following alternative is correct

b. Because the p-value is larger than the significance level of 0.05, we fail to reject the null hypothesis and conclude that the two brands have the same MPG's

read more about regression

https://brainly.com/question/26755306

#SPJ4

what qualities and characteristics should be considered when choosing a sponsor for a fraud risk assessment?

Answers

The type of the firm; The environment in which it operates; The efficacy of its internal controls; and The morals and values of the business and its employees.

What three factors must you take into account while doing a risk assessment?

Figure out any potential health or safety risks at your place of employment (hazards) Take steps to lessen the possibility of injury or, if this is not possible, control the risk once it has been determined how likely it is that someone could be injured and how seriously (the risk).

What qualities make a risk assessment effective?

Risk assessment is most effective when used in the context of corporate strategy and takes into account factors including impact, likelihood, velocity, and persistence. Risk management demands a process with a distinct goal, dependable inputs, well-designed activities, and value-added outputs much like any other worthwhile company activity.

Learn more about Risk assessment: https://brainly.com/question/14804333

#SPJ4

which of the following is an advantage of a sole proprietorship? select one. question 4 options: a. ease of selling business assets b. limited liability c. business income not subject to self-employment tax d. all of the above

Answers

ANSWER: Advantage of a sole proprietorship is ease of selling business assets.

WHAT IS SOLE PROPRIETORSHIP?

A sole proprietorship is an unincorporated business with a single owner that is required to file personal income tax on business profits. It is sometimes referred to as a solo trader or a proprietorship. Since they are not required to use a distinct business or trade name, many sole owners conduct business under their own names.

Due to the absence of governmental oversight, a sole proprietorship is the easiest business structure to establish or dissolve. In particular, consultants, single proprietors, and other independent contractors favor these company models for this reason. The majority of small firms are founded as sole proprietorships, and when they expand, they either remain that way or switch to a corporation or limited liability structure.

To know more about sole proprietorship visit:

https://brainly.com/question/14555007

#SPJ4

If jackson deposits $1,000 in cash into his checking account, what is the immediate change in the money supply from this transaction?.

Answers

If Jackson deposits $1,000 in cash into his checking account, the immediate change in the money supply from this transaction is that the money supply does not change.

What is the money supply?

Generally, The term "money supply" comes from the field of macroeconomics and refers to the total amount of cash that individuals and businesses have access to at any given moment.

There are a number of different ways to define "money," but conventional measurements often include both the currency that is currently in circulation as well as demand deposits.

At the time that the money supply is measured, all of the currency and other liquid instruments that are present in an economy are included in that total. Cash and deposits that are practically as easy to use as cash are both included in the broad definition of the term "money supply."

Treasury departments and central banks work together in some kind to produce paper money and coins for circulation in a nation's economy.

Read more about money supply

https://brainly.com/question/28891105

#SPJ1

q9: you produce widgets. currently you produce 4 widgets at a total cost of $40. suppose you could produce one more widget (the fifth) at a marginal cost of $5. if you do produce that fifth widget, what will your average total cost be? has your average total cost increased or decreased?

Answers

$10 per widget is the average total cost.

What is marginal cost?

The marginal cost in economics is the difference between the total production costs brought on by developing or producing an additional unit. Divide the variation in manufacturing costs by the variation in quantity to determine marginal cost. Finding the point at which an organization can realize economies of scale to production & overall operations is the goal of marginal cost analysis. The producer may make money if the marginal cost of making one extra unit is less than the price per unit.

The sum of the costs incurred in producing an extra good is referred to as the "marginal cost." It can therefore be evaluated by changes in the costs associated with each additional unit. Manufacturers commonly employ the marginal cost concept from managerial accounting and economics to establish the appropriate level. A cost increase of one unit in manufacturing volume is something that manufacturers routinely think about.

To know more about marginal cost:

https://brainly.com/question/17230008

#SPJ4

when a company seeks to match the benefits of a successful position it has identified while maintaining its existing position in offering customers a variety of differing services, what is this process called?

Answers

When a company seeks to match the benefits of a successful position it has identified while maintaining its existing position in offering customers a variety of differing services, the process called straddling.

A client is someone who purchases goods, services, products, or ideas from a seller, vendor, or supplier in return for money or another useful consideration. This definition applies to sales, business, and economics.

Customers who frequently do business with a seller establish customs that enable regular, sustained commerce, which in turn enables the seller to create statistical models to optimize production processes that alter the nature or form of goods or services, as well as supply chains that alter the location or formally recognise ownership or entitlement transactions.

To know more about Customers here-

https://brainly.com/question/26743878

#SPJ4

common property resources tend to be part 2 a. overused. b. used by the government only. c. efficiently used. d. underused. e. not used at all.

Answers

common property resources tend to be partially overused.

property resources

In general, there are two categories of common property resources. Mobile assets with a worldwide reach are subject to "open access," which means that everyone has access to them in theory. The classic example is the Earth's atmosphere, which serves as both a source of human well-being and a sink for deposited effluents.

Grazing pastures, threshing grounds, lands temporarily taken out of agriculture, inland and coastal fisheries, irrigation systems, woods, forests, tanks, ponds, and recreation grounds are all examples of local commons. Property rights to local commons have been discovered to be most typically dependent on custom and practice in underdeveloped nations.

To know more about property resources visit the link

https://brainly.com/question/28333333

#SPJ4

Price-discriminating firms will impose a _____ price structure that offers customers with a ______ demand aprice and offers customers with a(n)______ demand a ____ price. A. less elastic; higher; more elastic; lower B. less elastic; lower; more elastic; higher O C. lower; higher; higher lower D. seasonal; lower; unchanging higher

Answers

Price-discriminating firms will impose a less elastic price structure that offers customers with a lower demand a price and offers customers with a more elastic demand a higher price.

Price discrimination is the enterprise exercise of promoting the equal excellent at distinct costs to distinct clients. Charging adults and kids distinct costs for the equal movie is an instance of rate discrimination. With rate discrimination, a vendor fees clients a distinct rate for the equal product or service.

With first-diploma discrimination, the employer fees the most feasible rate for every unit consumed. There are 3 styles of rate discrimination that you may encounter: first-diploma, second diploma, and third-diploma. These levels occasionally move through different names: personalized pricing, product versioning or menu pricing, and organization pricing, respectively.

Learn more about employer here:

https://brainly.com/question/26463698

#SPJ4

which term is used to describe the movement where women with college educations leave the workplace to care for children? quzilet

Answers

The word "parental leave" may be used interchangeably with "maternity leave," "paternity leave," and "adoption leave," or it may be used separately from "maternity leave" and "paternity leave" to designate separate family leaves accessible to any parent to care for young children.

What is the formal name for parental leave?

Parental leave, sometimes known as "bonding leave," is time off used by parents to bond with their new child. Maternity leave in California is a combination of parental leave and pregnancy disability leave for women. Parental leave has been provided as a legal entitlement and/or government program in some form or another for many years. When a company is compelled to keep an employee's employment while that person is on leave, unpaid parental or family leave is offered. Paid parental or family leave is time off from work taken to care for or make preparations for the wellbeing of a child or dependent family member.

To learn more about parental leave, click

https://brainly.com/question/14912122

#SPJ1

product diversification provides two benefits to managers that do not accrue to shareholders: and . a. greater experience in a wider range of industries; lessening of managerial employment risk b. the opportunity for higher compensation through firm growth; a reduction in managerial employment risk

Answers

Product diversification provides two advantages to managers that do not accrue to shareholders: 'the opportunity for higher compensation through firm growth' and 'a reduction in managerial employment risk'. Thus, option 'b' holds the correct answer.

Product diversification is the strategy to expand the original market for a product. This approach is used to maximize the sales associated with an existing product line, which is especially beneficial for a business that has been declining sales or experiencing stagnant. Repackaging, renaming, resizing, repricing, brand extensions, and product extensions are some ways through which product diversification can be achieved.

You can learn more about product diversification at

https://brainly.com/question/18647091

#SPJ4

the current interest rate on comparable debt is 7 percent, so the bond initially sells for $713. what is the accrued interest on the bond for each of the next five years

Answers

The accrued interest on the bond for each of the next five years is 57.4 Each.

Solution:

Accrued Interest Total = Face Value - Discounted Price Initially

= 1000 - 713

= 287

Price Of a Bond = Faces Value Multiplied by PV Factor of Years 1,2,3,4,5 Respectively.

Year 1 = price ay 1-year end - Previous Year Price

=  763 - 713

= 50

By Simple Amortization it will be = Total Accrued Int / No. of years

= 287/5 = 57.4 Each.

Accrued interest refers to interest accrued on an outstanding debt during a specified period, but payment has not yet been made or received by the borrower or lender. Accrued interest is the amount of interest on a liability. Bonds have been earned but not yet redeemed.

Interest accrues from the date of issue of the loan or coupon payments on the bond but the coupon payments are made only twice a year. Calculating accrued interest is important to understand how much you owe when you buy a bond, and how much you will have to pay on your next credit card statement is how it works. Accrued interest is interest on unpaid outstanding loans.

Learn more about Accrued interest here:- https://brainly.com/question/27730151

#SPJ4

which of the following statements is consistent with findings of studies investigating ownership of medical businesses among physicians?

Answers

The correct statements are consistent with the findings of studies investigating ownership of medical businesses among physicians:

b. Physician-owned facilities tend to do more procedures per patient and charge higher fees.

c. Physician referral to facilities in which they have a financial interest is increasingly common.

A physician (American English), medical practitioner (Commonwealth English), medical doctor, or simply doctor, is a health professional who practices medicine, which is concerned with promoting, maintaining, or restoring health through the study, diagnosis, prognosis, and treatment of disease, injury, and other physical and mental impairments. Physicians may focus their practice on certain disease categories, types of patients, and methods of treatment—known as specialties—or they may assume responsibility for the provision of continuing and comprehensive medical care to individuals, families, and communities—known as a general practice.

Medical practice properly requires both a detailed knowledge of the academic disciplines, such as anatomy and physiology, underlying diseases and their treatment—the science of medicine—and also a decent competence in its applied practice—the art or craft of medicine.

Complete question:

Which of the following statements is/are consistent with findings of studies investigating ownership of medical businesses among physicians?

a. Physician ownership is rare due to conflict of interest.

b. Physician-owned facilities tend to do more procedures per patient and charge higher fees.

c. Physician referral to facilities in which they have financial interest is increasingly common.

d. Both b and c are correct.

Know more about medical businesses https://brainly.com/question/28480775

#SPJ4

in order for an aquifer to use useful for human consumption, what kind of porosity and permeability should it have?

Answers

An aquifer must be utilizable for human usage It should have a high porosity to permeability ratio.

What is permeability, exactly? 

The ease with which liquids, gases, or particular compounds can move through a substance is measured by its permeability. By applying a head then measuring the penetration depth or perhaps the volume of liquid or gas moving through the sample, permeability is ascertained.

What does water permeability mean? 

The rate at which irrigation water is applied to the soil is known as the permeability rate. Water will pool just on surface and eventually run off if an irrigator provides water at a rate that is quicker than the soil can absorb it, leading to uneven irrigation and soil degradation.

To know more about Permeability visit:

https://brainly.com/question/11734873

#SPJ4

you have just been chosen as an advisor to the president. after years of constant growth, the u.s. economy is beginning to fall into a recession. what type of fiscal policy will you suggest to the president, and why?

Answers

During the economic recession, I would suggest the government to employ expansionary fiscal policy to fuel economic growth.

Fiscal policy is the use of government spending and taxation to influence the economy. Recession is the condition of declining economy wherein stock markets end in crashing limits. The expansionary fiscal policy aims as lowering the taxes and increasing the government spending. It helps to boost the demand chain through monetary and fiscal stimulus. The Federal Reserve has three expansionary monetary policy methods which are lowering bank interest rates, decreasing banks' reserve requirements, and buying government securities. Thus, in return these methods increase the availability of funds and hence improves the economic growth.

Learn more about recession at:

brainly.com/question/14737261

#SPJ4

Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: rRF = 4.10%; RPM = 5.25%; and b = 0.70. Based on the CAPM approach, what is the cost of equity from retained earnings?
a.9.25%
b.7.78%
c.7.08%
d.7.00%
e.8.47%

Answers

Option b. 7.78% is the correct answer. The cost of equity from retained earnings is 7.78% as per the CAPM approach

The relationship between systematic risk, or the general dangers of investing, and expected return for assets, particularly stocks, is described by the Capital Asset Pricing Model (CAPM).

A linear relationship between the required return on investment and risk is established by this financial model.

Retained earnings refer to the total earnings that a company has generated from its operations minus the dividends distributed among shareholders. The retained earnings are earnings reinvested in the business.

The calculation is shown below.

Cost of equity = Risk-free rate + (beta * Market risk premium)

Cost of equity = 4.10% + (0.70 * 5.25%)

Cost of equity = 4.10% + 3.675%

Cost of equity = 7.77% or 7.78%

Learn more about retained earnings:

https://brainly.com/question/14529006

#SPJ4

in 2021, singh had a net capital loss of $5,650 and taxable income of $110,000. what is singh’s loss carryforward to 2022?

Answers

If in 2021, singh had a net capital loss of $5,650 and taxable income of $110,000. singh’s loss carryforward to 2022 is : $2,650.

How to find the loss carryforward?

Using this formula to find the loss carryforward to 222.

Loss carryforward = Net capital loss - Standard Deductible

Where:

Net capital loss = $5,650

Standard deductible = $3,000

Let plug in the formula

Loss carryforward =  $5,650 - $3,000

Loss carryforward = $2,650

Therefore the Loss carryforward  is $2,650.

Learn more about Loss carryforward  here:https://brainly.com/question/29349607

#SPJ1

hydralicious, a juice bar, has been looking to expand its business. the company has given a few entrepreneurs in different locations the license to operate under its name. the entrepreneurs have permission to use the company's reputation and the business model to run operations. the entrepreneurs will be charged a fee, but they will also get a percentage of the profits. which of the following strategies is hydralicious most likely to be using?

Answers

The most likely use of franchising by Hydralicious, is determined by question's strategies.

What exactly is a franchise business?

A franchise is a company in which the owner, in return for a franchise fee, licenses its operations as well as its goods, branding, and know-how. The company that sells licenses to franchisees is known as the franchisor.

What are the 4 different kinds of franchising?

The four different franchise company models that you can purchase as an employment or operator franchise. The fact that these auto detailer franchises are typically home-based helps to reduce overhead costs to a minimum.

corporate management.franchisees in retail and fast food.Franchise for investments

To know more about Franchising visit:

https://brainly.com/question/29376853

#SPJ4

a principal of is invested at interest, compounded annually. how many years will it take to accumulate or more in the account? (use the calculator provided if necessary.)

Answers

You will therefore have interest, at least $[tex]2000[/tex] in the account after approximately 8 years and 5 months.

When calculating interest over time, use the following formula:

A = P [1 + (r/n)] ^(nt) .where n = how many times you compound during a year, t = time in years, A = new amount in the account, P = principal, r = percent rate as a decimal, and

[tex]A = 2000 \sP = 1500 \sr = 0.035 \sn=1[/tex]

So, you obtain:

[tex]2000 = 1500 (1+0.035)^t[/tex]

Multiply by 1500:

[tex](4/3) = (1.035)^t[/tex]

Put "ln" to use on both sides:

[tex]ln(4/3) = t*ln (1.035)[/tex]

Do the logarithm calculations:

[tex]0.28768 = t*0.03440[/tex]

Divide both sides by[tex]0.03440:[/tex]

[tex]8.36[/tex] years, or t

You will therefore have at least $[tex]2000[/tex] in the account after approximately 8 years and 5 months.

Learn more about  interest from

brainly.com/question/2294792

#SPJ4

5. you have been asked to conceptualize a customer loyalty model of a bank. you must use the following six variables for building a model: 1. customer evaluation of service quality; 2. customer satisfaction with the place; 3. relationship equity; 4. value equity; 5. brand equity; and 6. loyalty intentions. start your answer by defining each of the variables in a banking context, then construct a conceptual model using these six variables (constructs). finally, justify and discuss your model.

Answers

You have been asked to conceptualize a customer loyalty model for a bank. you must use the following six variables for building a model customer evaluation of service quality.

Customer loyalty describes the ongoing emotional relationship between you and your customers and how happy they are to engage with you and purchase from you repeatedly compared to your competitors. Loyalty is a byproduct of a customer's positive experience with you and creates trust.

Customer loyalty is the willingness and desire of consumers to repeatedly purchase products or use services from a company that has had a good experience. Customer loyalty is a satisfying relationship with a business that customers frequent.

Loyalty is not a soft skill, but it does require a high level of commitment, entrepreneurship, and integrity. In fact, loyalty is a strategy related to decisions that affect both employees and customers. Loyalty is the key to retaining customers.

Learn more about Customer loyalty here:

https://brainly.com/question/24129613

#SPJ4

which of the following is an intended beneficiary to a contract? a person whose residential property value goes up as the result of a city's agreement with a commercial land developer a spouse of a beneficiary of an insurance contract the owner of a pizzeria who sells more pizza due to a convention being held nearby a beneficiary of an insurance contract

Answers

The correct answer are (A) Intended beneficiaries may enforce their rights to a contract when both parties to the contract intended for the third party to benefit.

A person or legal entity that has been specifically identified in the terms of a contract as one that is intended to receive the benefits connected with the execution of the contract in question is referred to as an intended beneficiary.

What is an example of an intended beneficiary?

A typical example of an intended beneficiary under the terms of a life insurance contract is the person listed as the beneficiary on a life insurance policy, who will receive the death benefit in the event that the insured passes away.

Learn more about  intended beneficiary to visit this link

https://brainly.com/question/15394564

#SPJ4

Which of the following is a correct statement regarding the rights of an intended beneficiary?

A. Intended beneficiaries may enforce their rights to a contract when both parties to the contract intended for the third party to benefit.

B. Intended beneficiaries have the same rights under a contract as incidental beneficiaries.

C. Intended beneficiaries may enforce their rights to a contract, even if the parties to the contract did not specifically (in other words, purposefully) intend for the third party to benefit.

D. Intended beneficiaries have no rights under a contract.

E. Intended beneficiaries may enforce their rights to a contract if only one of the parties to the contract intended for the  third party to benefit.

What kind of claim is used for billing provider fee-for-service claims to commercial health insurance companies?.

Answers

CMS-1500 is the type of claim used to charge commercial health insurance companies for provider fee-for-service claims.

How do providers and billing providers differ from one another?

The insurance payor that is sending in the claims for payment is given instructions by the billing provider for how to send the reimbursements. The person in charge of monitoring the reporting provider and the reported care is known as the supervising provider.

what is A single source could serve both purposes.?

o The rendering supplier should be omitted if the billing provider is the same organization as the rendering provider. o The taxonomy and NPI for the specific rendering provider must be used when billing. o The rendering and referring providers shouldn't be the same.

To know more about billing provider visit:

https://brainly.com/question/28435325

#SPJ4

what factors increase the likelihood that a supervisor will treat subordinates in an abusive way? (choose every correct answer.)

Answers

The factors increase the likelihood that a supervisor will treat subordinates in an abusive way is aggressive norms within the organization, and abusive role models.

The supervisor's overall responsibilities include communicating organizational needs, monitoring employee performance, offering guidance and support, identifying areas for development, and managing the mutually beneficial relationship between staff and the organization to ensure that both parties succeed.

They exhibit all of the behaviors and attitudes that they demand of their staff, follow all policies and procedures, mirror the company's culture and values, and show leadership by setting an excellent example. Furthermore, excellent supervisors sometimes put in just as much as or even more effort than the people they are in charge of.

The given question is incomplete, the complete question is:

What factors increase the likelihood that a supervisor will treat subordinates in an abusive way? (Choose every correct answer.) Multiple select question.

Having a self-aware personality

Aggressive norms within the organization

Abusive role models

The Dunning-Kruger effect

To know more about Supervisor here

https://brainly.com/question/20595195

#SPJ4

technique, someone makes a large request, expects it to be refused, and follows it with a smaller one.

Answers

Foot-in-the-door, someone makes a large request, expects it to be refused, and follows it with a smaller one.

The “door-in-the-face” method is one instance of a income tactic that capitalizes on social norms, in this example the norm of reciprocity. This method entails setting out via way of means of asking anyone for an intense choose, after which, whilst that choose is refused, following it up with a miles smaller one.

Foot-in-the-door is whilst one makes a small request and, as soon as that request is agreed to, follows up with a bigger request. Had Tanya introduced her instructor an apple after which made her request she might were trying to capitalize on norms of reciprocity, the concept that one exact flip merits another.

Learn more about method here:

https://brainly.com/question/25806993

#SPJ4

what is the price of a treasury strips with a face value of $100 that matures in 8 years and has a yield to maturity of 8.0 percent?

Answers

$53.39 is the price of a treasury strips with a face value of $100 that matures in 8 years and has a yield to maturity of 8.0 percent. Price = $100 / (1 + .080/2)^2(8) = $53.39.

What is treasury strips?

U.S. bonds known as Treasury STRIPS are offered at a discount to face value and are fully repaid when they mature. STRIPS are treasury bonds that trade as separate securities for the principal and coupon payments. Holders of STRIPS only receive the ultimate payout on the maturity date instead of any coupon payments.

Although technically issued by securities dealers rather than the US government, STRIPS are given the same backing as other Treasury securities including Treasury bills, notes, and bonds because the Federal Reserve supervises their production.

To know more about treasury strips, refer:

https://brainly.com/question/29651215

#SPJ4

wendy uses a different, condescending tone to talk to certain employees. what is the most likely type of conflict she has with them?

Answers

Relational is the most likely type of conflict she has with them.

The concept that a children's book should in some manner instruct the reader is perhaps one of the most widespread assumptions that we covered in class. Of course, we discussed the term didactic and how a didactic text aggressively urges the reader to learn a lesson by telling them they should believe this or that. There is sometimes no justification provided for the lesson, as though the young reader should simply accept it because they are taught to or because someone else knows better. I was reading the book I chose for the project, Cat in the Hat by Dr. Seuss.

To know more about Relational visit:
https://brainly.com/question/15395662
#SPJ4

A new car is purchased for 26,400 dollars. The value of the car depreciates at a rate of 5% per year. Which equation represents the value of the car after 5 years?.

Answers

There are nine years left until the car is worth 11300 dollars.

The formula that can be used to determine this is as follows:

The car's value is equal to the purchase price minus the annual depreciation costs times N.

N is the number of years until the car is worth $11,300. Purchase price = $24,600 Annual depreciation rate = 5.5 percent Annual depreciation expenses = $24,600 * 5.5 percent = $1,353 Car value = $11,300 By substituting the value into equation (1) and finding the solution for N, we have the following results:

$11,300 = $24,000 minus ($1,353 * N) $1,353 * N = $24,000 minus $11,300 $1,353 * N = $12,700 N = $12,700 / $1,353 N = 9.38654841093865 We have:

N equals 9, so there will be nine years before the car is worth 11300 dollars.

Learn more about car's value here:

https://brainly.com/question/28628496

#SPJ4

Bill is a member of the Conway City Council. He wants to run for the post of Mayor of Conway in the upcoming elections. This perceived state for which he aspires is called his _____.
actual state
desired state
regressive state
current state
temporary state

Answers

This perceived state for which he aspires is called his desired state.

The existing state/desired nation technique is a method to decide the actual trouble with the aid of first describing the existing state (in which you are) after which describing the desired state (in which you need to move).

A preferred nation ought to replicate a exchange in situations in preference to an final results. useful desired states help making a decision what to do. Now not useful preferred states clearly restate components of your goal.

The desired state is the definition of what your enterprise will appear to be and could have done as soon as your approach is complete. That is one of the most motivating components of strategic planning Due to the fact this is in which you may freely dream about your ultimate purpose.

Learn more about desired state here:- https://brainly.com/question/11622791

#SPJ4

Standardized agreements to buy or sell a specified amount of currency at a date in the future at a pre-determined price are called_____.

Answers

Standardized agreements to buy or sell a specified amount of currency at a date in the future at a pre-determined price are called futures contract

What does the term "future contract" mean?

A futures contract is a written agreement to buy or sell a specific commodity asset, securities, or both at a defined price at a specific future date. To make trading on a futures exchange easier, futures contracts are standardized for both quantity and quality.

What distinguishes a forward contract from one for the future?

A forward contract, which settles at the conclusion of the contract and is exchanged over the counter, is a private and adaptable contract. A futures contract is a legal agreement with predetermined conditions that is traded on a market where prices are settled every day until the contract's expiration.

To know more about future contract visit:

https://brainly.com/question/29240253

#SPJ4

to get high schoolers excited about a new kind of energy drink, the company handed out free cans in the parking lot of high school football games. what kind of promotion was the company engaged in?

Answers

The kind of strategy the company was engaged in is sampling.

In the field of business, sampling can be described as a promotional strategy in which a small amount of the product is sold to the people present in a place in order for more people to taste the product. By doing so, people who like the sample will have more chances of buying a product.

In the scenario mentioned in the question, as energy drinks are most likely to be consumed by young adults, the company is offering free cans of their product to high schoolers that are present in the parking lot. Such a promotion strategy will be called as sampling.

To learn more about sampling, click here:

https://brainly.com/question/27829028

#SPJ4

mike always rotates tires and changes oil for his own car at home. his effort is included in gdp. group of answer choices true false

Answers

mike always rotates tires and changes oil for his own car at home. his effort is included in GDP. This statement is true. So the value of oil changing will be included in the GDP if it is done by Speedy lube and mike pays them for it but it will not be included if she does it herself because no one pays her for it.

What factors are consider in GDP?

The GDP only includes newly manufactured products, including those that raise inventories. Excluded from this are sales of secondhand goods and sales from stockpiles of products from prior years. In addition, our GDP only includes items that are made and sold legally.

Personal consumption, corporate investment, government spending, and net exports are the four main components of the gross domestic product. That reveals what a nation excels at generating. The nation's annual total economic production is measured by its GDP. It is comparable to the amount that is spent in that economy.

To know more about GDP, refer:

https://brainly.com/question/13961948

#SPJ4

Other Questions
has anyone ever thought of a deep sea mobile worker design for mobile suit gundam: iron blooded orphans? 576,000 in science notation Jeremy has $15.20. He wants to give the money to 4 charities. If he gives the same amount to each charity, how much will each charity receive? a company wants to utilize aws storage. for them low storage cost is paramount, the data is rarely retrieved, and data retrieval times of several hours are acceptable for them. what is the best storage option to use? Equations with variables on both sides that equal 19 when hewlett packard buys electronic components and assembles them into computers, the activities that guide this process are known as . if 17% of men are bald, what is the probability that at most 140 in a random sample of 900 men are bald? use normal to binomial Solve. 6 1/4x=3 1/8 What is the solution to the equation? Enter your answer as a simplified fraction in the box. solve for x NEED ANSWER NOW PLSSSSSSSSSSSSSSS HEEEEEEEEEELPP Which of these issues was a major source of friction between heathcliff and catherine in wuthering heights?. Tom has 2 boards that are the same length as Bill's. He says that he found the total length of the boards by adding 28 twelfths and 23 twelfths. Does his method work? Explain. if a scientist recorded the size, birth rate, and age structure of an owl population over the last 20 years, he is most likely a(n): please choose the correct answer from the following choices, and then select the submit answer button. answer choices botanist. evolutionary biologist. embryologist. demographer. mathematician. a client with chronic obstructive pulmonary disease (copd) is recovering from a myocardial infarction. because the client is extremely weak and can't produce an effective cough, the nurse should monitor closely for: Can someone write a argumentative text Whats the answer for this question What is the distance between the points (11,19) and (11,-6) in the coordinate plane? except for the transition and inner transition metals, the octet rule applies to all other elements. true false Inwhich passage is it clearest that the author is using diction to achievesome kind of effect? A. The dog barked as the mail carrier walked up the stairs andknocked on the front door.B. Themother gingerly tucked the blanket around her sleepy childand crept a like a mouse out the door.C. The shark's fin moved around the raft, which held fourshipwrecked survivors.D. The teacher stoodat the door smiling brightlyand welcomingeach student to her classroom on the first day of school. 3. What was the importance of brass instruments to the Roman Army? Whichinstruments did they use? How did they use them? How are brass instrumentsstill used in the military today? (5 points). rosslare has budgeted the following sales: jan: 8,200 units feb: 6,300 units mar: 4,700 units apr: 3,600 units may: 2,600 units the company requires that ending inventory for each month is equal to 20% of the next month's sales. beginning inventory in january is 1,640 units. how many units should the company produce in february? if you triple the distance between two point charges, by which factor does the force between the particles change?