Auto insurance Insurance companies collect annual pay-ments from drivers in exchange for paying for the cost of accidents. a) Why should you be reluctant to accept a $1500 pay-ment from your neighbor to cover his automobile accidents in the next year?b) Why can the insurance company make that offer?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
ments from drivers in exchange for paying for the cost of
ment from your neighbor to cover his automobile
b) Why can the insurance company make that offer?
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