EBK PERSONAL FINANCE
7th Edition
ISBN: 9780100659711
Author: KEOWN
Publisher: YUZU
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Question
Chapter 10, Problem 3DC2
Summary Introduction
Case summary:
B graduated in 2009 with his bio chemistry degree. She has a good job and already has been promoted for three times in last two years. She purchased a home for $210,000. Now, the value of her house is $270,000. Recently, she has purchased a SUV, which she uses around 45 miles per day. She now feels that she is economically secure. Retirement and savings account together have $35,000. Last night, when she was coming back from her work to her home, she heard on his radio that a man lost his everything in a car accident because he was uninsured. B wants to take care of that.
Character in the case:
B.
Adequate information:
Purchase price of home is $210,000.
Current price of home is $270,000.
Balance in savings and retirement account is $35,000.
Average daily travel through car is $45 miles.
To explain:
The amount of deduction that B should choose under split limit coverage to reduce her premium cost.
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Chapter 10 Solutions
EBK PERSONAL FINANCE
Ch. 10 - Prob. 1PACh. 10 - Prob. 2PACh. 10 - Prob. 3PACh. 10 - Prob. 4PACh. 10 - Prob. 5PACh. 10 - Prob. 6PACh. 10 - Prob. 7PACh. 10 - Prob. 8PACh. 10 - Prob. 9PACh. 10 - Prob. 10PA
Ch. 10 - Prob. 1DC1Ch. 10 - Prob. 2DC1Ch. 10 - Prob. 3DC1Ch. 10 - Prob. 4DC1Ch. 10 - Prob. 5DC1Ch. 10 - Prob. 6DC1Ch. 10 - Prob. 1DC2Ch. 10 - Prob. 2DC2Ch. 10 - Prob. 3DC2Ch. 10 - Prob. 4DC2Ch. 10 - Prob. 5DC2Ch. 10 - Prob. 6DC2Ch. 10 - Prob. 7DC2Ch. 10 - Prob. 8DC2Ch. 10 - Prob. 9DC2Ch. 10 - Prob. CC.1QCh. 10 - Prob. CC.2QCh. 10 - Prob. CC.3QCh. 10 - Prob. CC.4QCh. 10 - Prob. CC.5QCh. 10 - Prob. CC.6QCh. 10 - Prob. CC.7QCh. 10 - Prob. CC.8QCh. 10 - Prob. CC.9QCh. 10 - Prob. CC.10QCh. 10 - Prob. CC.11QCh. 10 - Prob. CC.12QCh. 10 - Prob. CC.13QCh. 10 - Prob. CC.14QCh. 10 - Prob. CC.15Q
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