How much will he have to pay

Assignment Help Econometrics
Reference no: EM131125011

Johann maintains a $75,000 insurance policy on his boat. He pays $50 per month in premiums and his deductible is $2,500. If he is involved in an accident that does $2,000 worth of damage to the boat, how much will he have to pay?

Reference no: EM131125011

Questions Cloud

Journalize all entries required on the above dates : Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable. Cleland Corporation uses straight-line depreciation. (Record entries in the order displayed in the problem statem..
Why have matriculated into applied doctorate degree program : Why you have matriculated into this applied doctorate degree program and How successful completion of the program will help you meet your personal and professional goals, as well as advance your career
How would you apply the lessons learned from this article : How would you apply the lessons learned from this article to overcome political obstacles to another health initiative such as those dealing with obesity, climate change, HIV or other public health problem?
What is the maximum loss for the writer : An investor writes a put with a premium p = $1.40 and a strike price, X = $35. The current market price of the stock is $37.50. What is the breakeven price of ST for the writer? What is the maximum loss for the writer? What is the maximum profit for ..
How much will he have to pay : He pays $50 per month in premiums and his deductible is $2,500. If he is involved in an accident that does $2,000 worth of damage to the boat, how much will he have to pay?
Calculate each resident''s consumer surplus : What real-world considerations absent in the problem above might provide reasons to favor an admission fee?
Create your nab company name and explain its significance : Create your NAB company name and explain its significance. Develop your company's Mission Statement and provide a rationale for its components.
Concerned about the protability of its regular dictionaries : Briones Books is concerned about the pro?tability of its regular dic- tionaries. Company managers are considering producing only the top-quality, hand-sewn dictionaries with gold-edged pages.
Calculate delta go for myoglobin denaturation : calculate delta Go for myoglobin denaturation at the given pH (9) and temperature(25oC).- Is the unfolding driven by entropy or enthalpy? Explain

Reviews

Write a Review

Econometrics Questions & Answers

  What must the equivalent british interest rate be in us

Suppose that the one year U.S. interest rate is 5%. If the one year forward rate against the pound is $1.75 per pound and the spot exchange rate is $1.78 per pound, what must the equivalent British interest rate be if covered interest parity holds

  Identify in terms of consumption for each person

Draw a separate box diagram to show what the contract curve might look like if Aisha was concerned about very low consumption of food and clothing by Robin, but Robin was only concerned about his own consumption.

  Why price does not affected quantity demanded

Qt = 2.5 - 0.3 x Pt + 12 x Mt Where Qt represents the quantity of widgets sold per period t, Pt represents the price of widgets during period t, and Mt represents average household income of customers during period t.

  Calculate the tax revenue in the post-tax equilibrium

Suppose the market for cigarettes is characterized by the following information: Qd=70-5P [Demand] Qs=3P-10 [Supply] Suppose the government imposes a sales tax of $2 per unit.  i) Calculate the magnitude of the consumer surplus and producer surplus i..

  Determine the average consumer disposable income

Suppose that the current market price of VCRs is $300, that average consumer disposable income is $30,000, and that the price of DVD players (a substitute for VCRs) is $500. Under these conditions annual U.S. demand for VCRs is 5 million per year.

  How much was the growth rate of real gdp

Suppose the real GDP of a country increased from 2,000 billion to 2,100 billion in one year. In the same year, population growth rate was 3%. How much was the growth rate of real GDP per capita in that year

  Find e(z) and var(z)

Find E(Z) (1 dp) 2. Assuming that X and Y are statistically independent find var(Z) (1 dp) 3. Assuming that cov(X,Y) = 2 find var(Z) (1dp)

  Describing the nature of economics

Consider the use of thought experiments, the theory of value and the time factor.

  What is the purchasing power of the present value

Jerry will receive the following payments: 905 in year 3, 952 in year 5 and 933 in year 9. What is the purchasing power of the present value of these payments if the market interest rate is 16% per year and the inflation rate is 8% per year

  Determine the phase margin

Place a capacitor between nodes X and Y so as to obtain a phase margin of 60°. What is the unity-gain bandwidth under this condition?

  Determine what is the airlines profit maximizing fare

As the exclusive carrier on a local air route, a regional airline must determine the number of flights it will provide per week and the fare it will charge. The estimated cost per flight is $2,000. It expects to fly full flights (100 passengers)

  What is the price of the put option one day later

A put option has parameters: X=1.8, S=1.82, R=.05, Volatility of14% and T=90/365 What is the price of the put option when S=1.81 one day later i.e. T=89/365.

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