An insurance company sells a policy that pays $50,000.00 in case of accidental death. According to company figures, the rate of accidental death is 47 per 100,000 each year. What annual premium should the company charge for this coverage?

Q: A well driller charges $10.00 for drilling the first meter of a well and for each meter thereafter…

A:

Q: The manager of Brass Antiques has determined that a markup rate of 27% is necessary for a profit to…

A: We will find out the required value.

Q: Suppose your one month balance (debt) on your credit card is $2000. If the monthly interest rate for…

A:

Q: The original claim they actually pay is %.

A:

Q: If the price of gasoline increased by 20% one week and then again by 10% the following week by what…

A: Higher gasoline prices(P) raise transportation costs(C) for businesses. Due to increased price(P),…

Q: 1. A certain server works four 6-hour shifts a week at a restaurant and has a base salary of…

A: Base salary per hour : $9.75Shift duration : 6 hours Shifts per week : 4

Q: The stock of a fast-food restaurant chain pays a dividend of $0.67. If the share price for this…

A: The objective of this question is to calculate the dividend yield of a stock. The dividend yield is…

Q: Interest has been described as a rental fee for money.  Explain why this is an appropriate…

A:

Q: A stock pays an annual dividend of $1.14 per share. Calculate the dividends paid to a shareholder…

A: The dividend paid for a stock is $1.14 per share. The number of shares a shareholder has is 305.

Q: A bank account uses simple interest. If 10,000 is deposited at a rate of 4% interest, how much money…

A:

Q: A newspaper sells annual subscriptions and recognizes subscription revenue evenly throughout the…

A: The objective of the question is to determine the monthly change in net assets as a result of…

Q: You owe $2300 on a credit card with 21% APR if you pay $80 a month, how long will it take you to pay…

A: Formula for the loan amortization is  A=Pi(1+i)n(1+i)n-1 where A=periodic payment P=loan amount…

Q: The GDP in Brazil is 2.05 trillion. The rate of inflation is 2.5%. If the population of Brazil is…

A:

Q: The tuition at a certain college was ​$20, 181 last year and increased 5.3​% from last year to the…

A: Given: -

Q: An individual borrowed ​$78,000 at an APR of 3​%, which will be paid off with monthly payments of…

A:

Q: vehicle is driven 30,000 miles per year, and the annual insurance premium is $1,250, what is the…

A: a vehicle is driven 30,000 miles per year, and the annual insurance premium is $1,250, to find  the…

Q: Sales last year for a department were $124,560. This year planned sales are forecast to increase by…

A: The sales of last year is $ 124,560.   The increment of 4.2 % in $ 124,560 is:

Q: A new employee is paid $22.50 an hour. A performance evaluation is completed at the end of the year,…

A: We have to find rate per hour after increment.

Q: In one particular month, a person has a balance of $ 3,490 on their credit card for 9 days. They…

A: From the provided information, the amount of balance on the credit card is given as:Amount of…