Contemporary Mathematics for Business & Consumers - With LMS CengageNOW
8th Edition
ISBN: 9781337125468
Author: Brechner
Publisher: Cengage
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Chapter 19.II, Problem 16RE
Calculate the amount to be paid by the insurance company for each of the following claims.
| Replacement Value of Building | Face Value of Policy | Coinsurance Clause
|
Amount of Loss | Amount of Loss Insurance Company Will Pay | ||||||
| 16. | $350.000 | $300,000 | 90 | $125,000 | ||||||
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Task number: A1.1, A1.7
Topic: Celestial Navigation, Compass - Magnetic and Gyro
Activ Determine compass error (magnetic and gyro) using azimuth choosing a suitable
celestial body (Sun/ Stars/ Planets/ Moon). Apply variation to find the deviation of the magnetic
compass.
Minimum number of times that activity should be recorded: 6 (2 each phase)
Sample calculation (Azimuth- Planets):
On 06th May 2006 at 22h20m 10s UTC, a vessel in position 48°00'N 050°00'E observed Mars bearing
327° by compass. Find the compass error. If variation was 4.0° East, calculate the deviation.
GHA Mars (06d 22h):
Increment (20m 10s):
089° 55.7'
005° 02.5'
v (0.9):
(+)
00.3'
GHA Mars:
094° 58.5'
Longitude (E):
(+) 050° 00.0' (plus- since longitude is easterly)
LHA Mars:
144° 58.5'
Declination (06d 22h):
d (0.2):
N 024° 18.6'
(-)
00.1'
Declination Mars:
N 024° 18.5'
P=144° 58.5' (If LHA<180°, P=LHA)
A Tan Latitude/ Tan P
A Tan 48° 00' Tan 144° 58.5'
A = 1.584646985 N (A is named opposite to latitude, except when…
Activ
Determine compass error using amplitude (Sun).
Minimum number of times that activity should be performed: 3 (1 each phase)
Sample calculation (Amplitude- Sun):
On 07th May 2006 at Sunset, a vessel in position 10°00'N 010°00'W observed the Sun bearing 288°
by compass. Find the compass error.
LMT Sunset:
LIT:
(+) 00d
07d 18h
00h
13m
40m
UTC Sunset:
07d
18h
53m
(added- since longitude is westerly)
Declination (07d 18h):
N 016° 55.5'
d (0.7):
(+)
00.6'
Declination Sun:
N 016° 56.1'
Sin Amplitude = Sin Declination/Cos Latitude
= Sin 016°56.1'/ Cos 10°00'
= 0.295780189
Amplitude=W17.2N
(The prefix of amplitude is named easterly if body is rising,
and westerly if body is setting. The suffix is named same
as declination)
True Bearing=287.2°
Compass Bearing= 288.0°
Compass Error = 0.8° West
Only sure experts solve it correct complete solutions okk
Chapter 19 Solutions
Contemporary Mathematics for Business & Consumers - With LMS CengageNOW
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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