Contemporary Mathematics for Business and Consumers
7th Edition
ISBN: 9781285189758
Author: Robert Brechner, George Bergeman
Publisher: Cengage Learning
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Chapter 19, Problem 11AT
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To calculate: The building premium, contents premium, and total property insurance premium for the insurance policy if the area rating of the policy is
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Chapter 19 Solutions
Contemporary Mathematics for Business and Consumers
Ch. 19.I - Prob. 1TIECh. 19.I - Prob. 2TIECh. 19.I - Prob. 3TIECh. 19.I - Calculate the annual, semiannual, quarterly, and...Ch. 19.I - Calculate the annual. semiannual, quarterly, and...Ch. 19.I - Prob. 3RECh. 19.I - Calculate the annual. semiannual, quarterly, and...Ch. 19.I - Prob. 5RECh. 19.I - Calculate the annual. semiannual, quarterly, and...Ch. 19.I - Calculate the annual. semiannual, quarterly, and...
Ch. 19.I - Calculate the annual. semiannual, quarterly, and...Ch. 19.I - Prob. 9RECh. 19.I - Calculate the value of the nonforfeiture options...Ch. 19.I - Prob. 11RECh. 19.I - Prob. 12RECh. 19.I - Calculate the value of the nonforfeiture options...Ch. 19.I - Calculate the value of the nonforfeiture options...Ch. 19.I - Leroy Kirk is 35 years old and is interested in...Ch. 19.I - 16. Rene Boyer, age 27. wants to purchase a 5-year...Ch. 19.I - Carmen Gutierrez purchased a $75,000, 20-payment...Ch. 19.I - 18. Alex Baron is evaluating his life insurance...Ch. 19.I - Richard Ryan is evaluating his life insurance...Ch. 19.I - BUSINESS DECISION: THE CONSULTATION
20. Tina...Ch. 19.II - You are the insurance agent for Diamond...Ch. 19.II - Prob. 5TIECh. 19.II - Prob. 6TIECh. 19.II - Prob. 7TIECh. 19.II - Prob. 8TIECh. 19.II - Prob. 1RECh. 19.II - Prob. 2RECh. 19.II - Prob. 3RECh. 19.II - Calculate the building, contents, and total...Ch. 19.II - Prob. 5RECh. 19.II - Prob. 6RECh. 19.II - Prob. 7RECh. 19.II - Prob. 8RECh. 19.II - Prob. 9RECh. 19.II - Calculate the short-term premium and refund for...Ch. 19.II - Calculate the short-term premium and refund for...Ch. 19.II - Calculate the short-term premium and refund for...Ch. 19.II - Prob. 13RECh. 19.II - Prob. 14RECh. 19.II - Prob. 15RECh. 19.II - Calculate the amount to be paid by the insurance...Ch. 19.II - Prob. 17RECh. 19.II - Calculate the amount to be paid by the insurance...Ch. 19.II - Prob. 19RECh. 19.II - You are the insurance agent for Castle Mountain...Ch. 19.II - A property insurance policy has an annual premium...Ch. 19.II - 22. Insignia Enterprises has a property insurance...Ch. 19.II - Prob. 23RECh. 19.II - BUSINESS DECISION: BUSINESS INTERRUPTION INSURANCE...Ch. 19.III - Jeff Wasserman, owner of High Performance Racing...Ch. 19.III - Prob. 10TIECh. 19.III - Prob. 1RECh. 19.III - Prob. 2RECh. 19.III - Prob. 3RECh. 19.III - As an insurance agent, calculate the annual...Ch. 19.III - Prob. 5RECh. 19.III - Prob. 6RECh. 19.III - Prob. 7RECh. 19.III - As an insurance agent, calculate the annual...Ch. 19.III - 9. Rick Clinton wants to purchase an automobile...Ch. 19.III -
10. Howard Marshall’s Corvette was hit by a palm...Ch. 19.III - Ben Hoffman has motor vehicle liability insurance...Ch. 19.III - BUSINESS DECISION: INSURING THE FLEET
12. The...Ch. 19 - A mechanism for reducing financial risk and...Ch. 19 - 2. The amount of protection provided by an...Ch. 19 - Prob. 3CRCh. 19 - Prob. 4CRCh. 19 - Prob. 5CRCh. 19 - Prob. 6CRCh. 19 - Prob. 7CRCh. 19 - Prob. 8CRCh. 19 - The premium charged when a policy is canceled by...Ch. 19 - The clause in a property insurance policy...Ch. 19 - Prob. 11CRCh. 19 - Prob. 12CRCh. 19 - Prob. 13CRCh. 19 - Prob. 14CRCh. 19 - Prob. 1ATCh. 19 - Calculate the annual, semiannual, quarterly, and...Ch. 19 - Calculate the annual, semiannual, quarterly, and...Ch. 19 - Calculate the annual, semiannual, quarterly, and...Ch. 19 - Prob. 5ATCh. 19 - Prob. 6ATCh. 19 - Prob. 7ATCh. 19 - 8. Mary Hall purchased a $45,000 20-year endowment...Ch. 19 - Prob. 9ATCh. 19 - Calculate the building, contents, and total...Ch. 19 - Prob. 11ATCh. 19 - Prob. 12ATCh. 19 - Prob. 13ATCh. 19 - Calculate the short-term premium and refund for...Ch. 19 - Prob. 15ATCh. 19 - Calculate the amount to be paid by the insurance...Ch. 19 - Prob. 17ATCh. 19 - Prob. 18ATCh. 19 - Prob. 19ATCh. 19 - Prob. 20ATCh. 19 - Prob. 21ATCh. 19 - Prob. 22ATCh. 19 - Prob. 23ATCh. 19 - Prob. 24AT
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- In a town with 5000 adults, a sample of 50 is selected using SRSWOR and asked their opinion of a proposed municipal project; 30 are found to favor it and 20 oppose it. If, in fact, the adults of the town were equally divided on the proposal, what would be the probability of observing what has been observed? Approximate using the Binomial distribution. Compare this with the exact probability which is 0.0418.arrow_forward1.2.19. Let and s be natural numbers. Let G be the simple graph with vertex set Vo... V„−1 such that v; ↔ v; if and only if |ji| Є (r,s). Prove that S has exactly k components, where k is the greatest common divisor of {n, r,s}.arrow_forwardQuestion 3 over a field K. In this question, MË(K) denotes the set of n × n matrices (a) Suppose that A Є Mn(K) is an invertible matrix. Is it always true that A is equivalent to A-¹? Justify your answer. (b) Let B be given by 8 B = 0 7 7 0 -7 7 Working over the field F2 with 2 elements, compute the rank of B as an element of M2(F2). (c) Let 1 C -1 1 [4] [6] and consider C as an element of M3(Q). Determine the minimal polynomial mc(x) and hence, or otherwise, show that C can not be diagonalised. [7] (d) Show that C in (c) considered as an element of M3(R) can be diagonalised. Write down all the eigenvalues. Show your working. [8]arrow_forward
- 16. Solve the given differential equation: y" + 4y sin (t)u(t 2π), - y(0) = 1, y'(0) = 0 Given, 1 (x² + 1)(x²+4) 1/3 -1/3 = + x²+1 x² +4 Send your answer in pen and paper don't r eputed ur self down Don't send the same previous answer that was Al generated Don't use any Al tool show ur answer in pe n and paper then takearrow_forwardR denotes the field of real numbers, Q denotes the field of rationals, and Fp denotes the field of p elements given by integers modulo p. You may refer to general results from lectures. Question 1 For each non-negative integer m, let R[x]m denote the vector space consisting of the polynomials in x with coefficients in R and of degree ≤ m. x²+2, V3 = 5. Prove that (V1, V2, V3) is a linearly independent (a) Let vi = x, V2 = list in R[x] 3. (b) Let V1, V2, V3 be as defined in (a). Find a vector v € R[×]3 such that (V1, V2, V3, V4) is a basis of R[x] 3. [8] [6] (c) Prove that the map ƒ from R[x] 2 to R[x]3 given by f(p(x)) = xp(x) — xp(0) is a linear map. [6] (d) Write down the matrix for the map ƒ defined in (c) with respect to the basis (2,2x + 1, x²) of R[x] 2 and the basis (1, x, x², x³) of R[x] 3. [5]arrow_forwardQuestion 4 (a) The following matrices represent linear maps on R² with respect to an orthonormal basis: = [1/√5 2/√5 [2/√5 -1/√5] " [1/√5 2/√5] A = B = [2/√5 1/√5] 1 C = D = = = [ 1/3/5 2/35] 1/√5 2/√5 -2/√5 1/√5' For each of the matrices A, B, C, D, state whether it represents a self-adjoint linear map, an orthogonal linear map, both, or neither. (b) For the quadratic form q(x, y, z) = y² + 2xy +2yz over R, write down a linear change of variables to u, v, w such that q in these terms is in canonical form for Sylvester's Law of Inertia. [6] [4]arrow_forward
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