User Account

All Pages

Calculate the annual net premium

Assignment Help Finance Basics
Reference no: EM131071868

A Van can be insured for an annual gross premium of £3,780 with a discount of 35% no claims bonus.

Q1 Calculate the annual net premium.

Premium payments may be made monthly, but in this case a service charge of 3.7% is added to the annual net premium.

Q2 Calculate the amount of each monthly payment.

Reference no: EM131071868

Questions Cloud

Constant perpetual growth model : A share of stock just paid a dividend of $1.9, with an expected dividend growth of 5.4 percent forever. According to the constant perpetual growth model, if the required return is 14.9 percent, what should the value of the stock be 4 years from no..
What is the name of the dataset : Give the name of one qualitative variable and one quantitative variable from the data set. Explain how you can tell that a variable is qualitative or quantitative.
Powerpoint presentation about integrating prezi : Create and submit a PowerPoint presentation about integrating Prezi, specifically, into corporate learning and how to use the program.
Portfolio weight and correlation : How do you calculate the expected risk and return if you only have the portfolio weight and correlation?
Calculate the annual net premium : A Van can be insured for an annual gross premium of £3,780 with a discount of 35% no claims bonus. Q1 Calculate the annual net premium.
Estimate of the company cost of equity capital : 1) If the stock currently sells for $65, what is your best estimate of the company's cost of equity capital using the arithmetic average growth rate in dividends? 2) What if you use the geometric average growth rate?
What is parol evidence : one or more members selected by management, an equal number of members selected by labor, and a neutral member who serves as chairperson
What might be the implications for social change : A description and explanation of the levels of measurement for each variable (i.e., nominal, ordinal, interval, ratio). Explain how you might conceive these variables to be used to answer a social change question. What might be the implications for..
William monthly payments : If the simple annual interest is 4.2 percent, what are William's monthly payments? To the nearest dollar, how much will William owe on hisstudent loan after he makes payments for three years? Please show how you concluded the answer

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the bc ratio at an interest rate of eight percent

A project to extend irrigation canals into an area that was recently cleared of mesquite trees. If the project is assumed to have a 20-year life, what is the B/C ratio at an interest rate of 8% per year?

  What is the constatnt rate the stock is expected

Stock price is $40 and it recently paid $1.20 dividend. This dividend is expected to grow by 15% for the next 3 years, and then grow forever at a constat rate, g. If the required rate of return is %12, what is the constatnt rate the stock is expec..

  Explain relevance of accounting standard-setting process

Financial statement users often liken accounting standard setting to a political process. Discuss the relevance of the accounting standard-setting process to analysis of financial statements.

  While the us federal reserve continues to buy bonds in

while the us federal reserve continues to buy bonds in order to keep interest rates low the chinese authorities have

  Consider the following condensed income statement if cogs

consider the following condensed income statement2004sales 8000000cogs 6500000gross profit 1500000sales growth in 2005

  Masulis inc is considering a project that consists of the

masulis inc. is considering a project that has the following cash flow and wacc data. what is the

  Opinion polls attempt to predict the results of local

opinion polls attempt to predict the results of local state and federal elections. discuss six reasons why the results

  How many years will it take for you to double your money

You are currently investing your money in a bank account that has a nominal annual rate of 7 percent, compounded annually. How many years will it take for you to double your money?

  What is your guess as to roce expected for next fiscal year

Its most recently reported ROCE was 10.1 percent, and it is deemed to have a required equity return of 10 percent. What is your best guess as to the ROCE expected for the next fiscal year?

  Purchasing power parity

Select one of the following forum topics to research and write about.

  Descriptive statistical method and another using inferential

Identify two articles in the University Library: one in which the business problem is researched using a descriptive statistical method and another using an inferential method.

  What is the future value of the same annuity due

If the future value of an ordinary, 8 year annuity is $5,800 and interest rates are 8.0 percent, what is the future value of the same annuity due?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd