Il PauseWhich of these people is MOST LIKELY to be offered adiscounted rate on his or her homeowners or rentersinsurance policy?O A. a renter who has had coverage from the sameinsurance company for 25 yearsO B. a homeowner who just hosted a very profitablegarage saleC. a renter who just set up a graphic designbusiness in a spare roomO D. a homeowner who just bought a safe depositbox to store $50,000 worth of jewelry Read the passage and answer the followingquestion(s).disinsHomeowner and Renters Insurance: Protect Your BelongingsYou may be able to save hundreds of dollars a year onhomeowners insurance by shopping around. You can alsosave money with these tips:Consider a higher deductible. Increasing your deductible byjust a few hundred dollars can make a big difference in yourpremium.Ask your insurance agent about discourks. You may be ableto get a lower premium if your home has safety featuressuch as dead-bolt locks, smoke detectors, an alarm system,storm shutters or fire retardant roofing material. Personsover 55 years of age or long-term customers may also beoffered discounts.OD.Insure your house NOT the land under it. After a disaster,the land is still there. If you don't subtract the value of theland when deciding how much homeowners insurance tobuy, you will pay more than you should.Don't wait till vou have lor

We have to read the passage an answer the question following it.

Which of these people is MOST LIKELY to be offered a discounted rate on his or her homeowners or renters insurance policy? O A. a renter who has had coverage from the same insurance company for 25 years O B. a homeowner who just hosted a very profitable garage sale O C. a renter who just set up a graphic design business in a spare room O D. a homeowner who just bought a safe deposit box to store $50,000 worth of jewelry

Which of these people is MOST LIKELY to be offered a discounted rate on his or her homeowners or renters insurance policy? O A. a renter who has had coverage from the same insurance company for 25 years O B. a homeowner who just hosted a very profitable garage sale O C. a renter who just set up a graphic design business in a spare room O D. a homeowner who just bought a safe deposit box to store $50,000 worth of jewelry

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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QUESTION 1 Marina had an accident with her car and the repair bill came to $900. She didn't have any emergency fund money and no extra money in her monthly budget, so she ended up borrowing from a pay-day loan company. As long as she can pay the loan back at the end of the 30 day period she won't be charged any interest, technically. However, she did have to pay an $19 processing fee per $100 that she borrowed. If she were to consider the processing fee to represent interest paid in her formula, what would she discover to be the annual interest rate she was charged on her short term loan? QUESTION 2 The end of the month has arrived and Marina was only able to save up a portion of the money she owed so far. This means she will have to delay paying off on the remaining amount. Besides the delayed payment fee that she is charged, she will now have to pay interest on the remaining amount until it is paid off. The APR (annual percentage rate) is 46.5%, but the interest is…
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