How can you determine the cheaper option

Assignment Help Finance Basics
Reference no: EM133632623

You are quoted a premium of $750 for a six-month insurance policy, or $1,582 for a twelve-month insurance policy. Assuming the same levels of coverage, how can you determine the cheaper option? Select one:

Question a. Compare the product of ($750 × 6) to $1,582 b. Compare the quotients of ($750 ÷ 6) and ($1,582 ÷ 12)

Question c. Compare the quotients of ($750 ÷ 12) and ($1,582 ÷ 12) d. Compare the product of ($750 × 12) to $1,582

Reference no: EM133632623

Questions Cloud

What is role of financial planning in overall strategic plan : What is the role of financial planning in the overall strategic plan? How do financial planning and strategic planning influence health care organizations
Which pathology test would the nurse need to check : Which pathology test would the nurse need to check in order to observe for one of the adverse effects of heparin administration?
Determined market required rate of return on equity is 13.5 : The corporate finance department has calculated that the dividend payout ratio will decline to 50% and the ROE will decrease to 20%. KO has determined market
Which nursing interventions is most appropriate for patient : Through Bookmark User Note Feedback A patient arrives following prolonged exposure. Which nursing interventions is most appropriate for this patient?
How can you determine the cheaper option : Compare the product of ($750 × 6) to $1,582 b. Compare the quotients of ($750 ÷ 6) and ($1,582 ÷ 12)
Discuss the ethical implications of one of recommendations : Discuss the ethical implications of one of the recommendations and what it means to the nurse, the patient, the health care environment and system.
It charged investors a performance : Its benchmark return is zero. Its standard deviation was lower than that of the index. Its Sharpe ratio was higher than that of the index
Calculate the dollar amount of total : Calculate the dollar amount of total (up-front and back-end) fee income, interest income, compensating balance, reserve requirement on deposits
Which statement will the nurse make before assessing : Which statement will the nurse make before assessing if the client is a victim of intimate partner violence (IPV)?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

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