Answer:
The correct answer is: Your age, driving record, and annual mileage.
Explanation:
Auto insurances take into account several risk factors at the moment of evaluating what type of coverage insureds should purchase. Individuals' <em>age (higher premium if older), driving record (higher premium if negative), and average annual mileage (higher premium the more mileage</em>) are key factors insurance companies tend to consider to find out what is the most convenient policy for those people and based on that, the premium that will be charged every month.
Answer:
$2,340
Explanation:
The computation of cash received from this loan is shown below:-
cash received from this loan = Approved amount - (Approved amount × Two year × Percentage of loan
)
= Approved amount - ($3,000 × 2 × 11%
)
= $3,000 - ($3,000 × 2 × 0.11
)
= $3,000 - $660
= $2,340
Therefore, for computing the cash will Patricia receive from this loan we simply applied the above formula.
Answer:
Year Cashflow [email protected]% PV [email protected]% PV
$ $ $
0 (1,100) 1 (1,100) 1 (1,100)
1-8 47.4 5.3349 252.87 7.0197 332.73
8 1,000 0.4665 465.5 0.7894 789.4
NPV (381.63) NPV 22.13
Kd = LR + NPV1/NPV1+NPV2 x (HR – LR)
Kd = 3 + 22.13/22.13 + 381.63 x (10 – 3)
Kd = 3 + 22.13/403.76 x 7
Kd = 3 + 0.38
Kd = 3.38%
Explanation:
Cost of debt is calculated based on internal rate of return formula. In year 0, we will consider the current market price of the bond as cashflow. In year 1 to 8, we will consider the after-tax coupon as the cashflow. The after-tax coupon is calculated as R(1 - T). R is 6% x $1,000 = $60 and tax is 21%. Thus, we have $60(1 - 0.21) = $47.4. then we will discount the cashflows for 8 years so as to obtain the internal rate of return. The internal rate of return represents cost of debt.
Answer:
n = 160
p = 0.12
Explanation:
In a Binomial distribution two parameters are of great interest, n and p.
where n is the number of trials and p is the probability of success and (1 - p) is the probability of failure.
p = 12%
n = 160
Mean = E(X) = μ = n*p = 160*0.12 = 19.2
μ = 19.2
variance = σ² = np(1 - p) = 160*0.12(1 - 0.12) = 16.89
standard deviation = σ = √16.89 = 4.11
σ = 4.11
Answer:
C). Professional Conduct
Explanation:
Ethical behavior is characterized as the obedience of moral principles like fairness, honesty, and equity. Such behavior recognizes the individual diversity and offers equal rights and respect to the dignity and integrity of every individual. It is one of <u><em>the significant aspects of 'professional conduct' which promotes professionalism, healthy work relationships, mutual understanding, and maximize the output</em></u>. Thus, <u>option C</u> is the correct answer.
