Because of an accident royce was involved in, his insurance company has increased his annual premium for auto insurance by 5.2%. his original policy was set up using the premiums listed below. what is his new annual premium after the increase for the accident? royce's auto insurance policy type of insurance coverage coverage limits annual premiums bodily injury $25/$50,000 $22.50 property damage $50,000 $144.75 collision $500 deductible $275.75 comprehensive $100 deductible $100.00
a. $514.76
b. $543.00
c. $548.20
d. $571.24
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Because of an accident royce was involved in, his insurance company has increased his annual premium for auto insurance by 5.2%. his ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
From the dropdown box beside each numbered balance sheet item, select the letter of its balance sheet classification. If the item should not appear on the balance sheet, choose the letter Z from the selection choices. a. Current assets b.
Answers (1)
Stephanie was injured in a car accident was rushed to the emergency room. She received stitches for a facial wound and treatment for a broken finger.
Answers (2)
What is the future value of your money? a) the amount of money you will have at a specified date in the future b) the number of investments you will make at a specified date in the future c) the items you will buy with your money at a specified date
Answers (1)
Who invented the insurance fund? What was the insurance that they invented for?
Answers (1)
A factory costs $300,000. You forecast that it will produce cash inflows of $90,000 in year 1, $150,000 in year 2, and $240,000 in year 3. The discount rate is 11%. a. What is the value of the factory? (Do not round intermediate calculations.
Answers (1)
New Questions in Business
If the axle division is now operating at full capacity and can sell all its units to outside customers at the present selling price, what is the minimum selling price that axle should accept from the internal division
Answers (1)
8. Oscar is looking forward to retirement and feels lucky since he will receive a percentage of his monthly income from a plan his employer has funded. From which type of retirement plan will Oscar receive money? A. 401 (k) B. Defined benefit plan c.
Answers (1)
John and Sharon enter into an employment contract, which specifies that Sharon will be employed by John for one year at an annual salary of $45,000 plus benefits. The employment contract is an example of:
Answers (1)
What is a commission, as it relates to the stock market? a. The act of making stock available to buy b. A request to buy a specific kind of stock c. Profit made from selling stock d. A fee paid to a broker for making a trade
Answers (2)
Lilly would like to gather more information about investing in stock. What resources can she use to find out more information?
Answers (1)