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A car valued by the owner at £9,900 was insured for an annual premium of £360. The annual premium was paid by monthly instalments. A service charge of 7.5% of the annual premium was added.
(a) Calculate the amount of each monthly installment.
The car was damaged and a claim for repairs costing £2,100 was submitted to the insurance company. The loss assessor decided that the car had been undervalued and insured for only 90% of the full value.
Calculate:
(b) the amount of compensation received by the owner of the car
(c) the full value of the car as decided by the loss assessor
(d) the new annual premium required to insure the car at full initial value.
Assume that the plant managers base their decisions on a five-year capital budgeting cycle (i.e., time is t = 0, 1, 2, ..., 5, where t = 0 is now), and that changes in regulations mean that the company has to buy the scrubber within a 5-year grade..
Discuss within your Learning Team how and why the U.S.'s deficit, surplus and debt
1. the following is a list of an economys national income account data for a particular year in billions of
A firm wants to lease some land from you for twenty years and build a warehouse on it. As your payment for the lease, you will own the warehouse at the end of the twenty years.
The Hanover Manufacturing Company believes that the demand curve for its product is P = 5 - Q-Evaluate the wisdom of the firm's pricing policy
Consider an economy that is operating at full employment equilibrium. Graphically illustrate the effect of an increase in government spending (G) on the price level and the level of GDP in the short run.
Every year, billions of dollars' worth of illegal drugs and alcohol are produced within the boundaries of the United States. Official US GDP estimates have excluded the value of this production because the data have been unavailable to the governme..
All firms in a Cournot monopolistically competitive industry have the same cost function C (q)= 25 + 10q. Compute the equilibrium price, total output, firm output and number of firms in the industry.
In a two play, one shot simultaneous move game every player can select strategy A, each earns a payoff of $500. If both players choose strategy A,
Explain how much is spent on bus rides. What is consumer surplus in dollars at this equilibrium. How much is the total benefit in dollars from bus rides.
I'm trying to discuss whether integration between the following types of firms would constitute a horizontal, vertical, or conglomerate merger.
Technological advance, that date has played a relatively small role in U.S. economic growth.
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