Insurance companies always offer a discount If you pay your annual premium as a one-time payment or lump sum. Your
annual premium is $1,200. You will receive a 6% discount If you pay all at once. How much will you save per year?

Answers

Answer 1

Answer: Your savings per year will be $72

Explanation: For an insurance premium, premiums are by standard, paid once every month. Hence an insurance policy with an annual premium of $1200 would result in a monthly premium payment of;

Monthly Premium =  1200 / 12

Monthly Premium = 100

However, there is an option to pay all $1200 at once, that is, one lump sum just once in the entire 12-month period and taking that option would offer a discount on the insurance premium which is given as 6% and this is calculated as shown;

Premium = 1200

Discount = 0.06 (6 %)

Discount calculated = 1200 * 0.06

Discount calculated = 72

The calculations and result shows that the option of paying the premium at once would result in a savings of $72 per year.

Answer 2

Answer:

Your savings per year will be $72

Explanation:


Related Questions

NEED HELP :( What contract provision (promise) could Amazon agree to that would make it liable for your lost job? (Background: I had a presentation to do for the president of my company. Amazon failed to send my computer on a specific day, it didn't come until 10 days after). THIS IS NOT MY STORY, JUST AN EXAMPLE :)

Answers

Answer:

erm....yes?

Explanation:

Why might a sole proprietor take on a partner instead of hiring an employee?

Answers

Answer:

Please see answer below.

Explanation:

As in the above case, a sole proprietor might decided to take on a partner instead of hiring an employee if he or she is considering business expansion or aiming to add other business which is not his or her field hence requires a partner.

Employing people in the above situation might not be a good decision because adding a new line of business requires capital and expertise , all of which will be provided by the new partner because that is his field.

Also, should there be any losses, both the sole proprietor and the partner will share the losses unlike the employee who will not share in the loss should there be any.

I WILL ALWAYS MARK THE FIRST ANSWER THE BRAINLIEST

Answers

Answer:

D. Food Preparation Sink

Explanation:

You are correct! Must wash hands always at the PROPER place, when handling food.

What recent technological breakthrough can be compared in importance to
the invention of paper nearly 2,000 years ago?
A. Supersonic airplanes
B. Communication via telegraph
C. Electronic communication
D. Radio broadcasting

Answers

Answer:

Electronic Communication

Explanation:

C

Erica is CEO of a company and has recently hired a vice president of marketing. She would like to share this information with all three thousand employees. Erica should _____. send an e-mail to all employees use diagramming software to create a chart type a word-processing document and print it call each employee

Answers

Answer:

The correct answer is send an e-mail to all employees.

Explanation:

The correct answer is send an e-mail to all employees.

I am going to explain the why of each options.

call each employee

There are three thousand employees. There is just not enough time to call each employee.

send an e-mail to all employees

The most practical way, as it takes just the time to write the email and send to a list containing all employees.

type a word processing document and print it

use diagramming software to create a chart

With these alternatives, most of the employees would not see the information.

PLEASE HELP IM MARKING BRAINLIEST

Answers

The answer may be D or B
I would say D but if it is possible the worker should also do B

PLEASE HELPPPPP The "legal value" in the definition of contract consideration applies to Select one: a. Forbearance. b. Promises. c. Money. d. Labor. e. All of the answers are correct.

Answers

e) All of the answers are correct

Legal VALUE in an agreement is Consideration..

It can be goods, service money or a promise of any of these

Both parties must give some form of consideration for a contract to be legal...

I WILL MARK BRAINLIEST!!!!! Please answer ASAP ty.

Answers

Answer:

A

Explanation:

Which polygon has an interior angle sum of 1080°?

Answers

Answer: octagon

Hope this helped

Answer:

A. The polygon with 8 sides.

Explanation:

The formula for the interior angle sum is (n-2)*180.

8-2 = 6

6*180 = 1080

URGENT!! Describe the attractions of growth stocks and value stocks.

Answers

Answer:

Investors who purchase growth stocks receive returns from future capital appreciation (the difference between the amount paid for a stock and its current value), rather than dividends. ... Value stocks are those that tend to trade at a lower price relative to their fundamentals (including dividends, earnings, and sales).

Explanation:

Answer:

Investors who purchase growth stocks receive returns from future capital appreciation (the difference between the amount paid for a stock and its current value), rather than dividends. ... Value stocks are those that tend to trade at a lower price relative to their fundamentals (including dividends, earnings, and sales).

Your Insurance company bills you $687.89 every 6 months for your premium payments. You decide to pay per month.
What is the monthly premium?

Answers

Answer:

$114.65

Explanation:

If you divide $687.89 by 6 months you'll get $114.64833333333333333 but if you simply you'll get 114.65 and you'll only pay $0.11 over.

Answer:

114.65

Explanation:

4.  What happens if you need your money in either your 401K or Roth IRA at age 40?

Answers

Answer:

In many cases, a Roth IRA can be a better choice than a 401(k) retirement plan, as it offers a flexible investment vehicle with greater tax benefits—especially if you think you'll be in a higher tax bracket later on. ... A good strategy (if you can manage it) is to have both a 401(k) and a Roth IRA.

Explanation:

Because it offers additional investment alternatives and higher tax advantages, a Roth IRA may be a better option than a 401(k) retirement plan.

An IRA that allows for tax-free growth and tax-free withdrawals in retirement is known as a Roth IRA.

Utilize all of your available savings and investment options, including your IRA and 401(k), to save as much as you can as early on while also receiving the biggest tax cut possible.

Since Roth IRA contributions are made using after-tax funds, the contribution year does not qualify for a tax deduction.

Therefore, it is better to invest in the 401K option.

To know more about the Roth IRA, visit:

https://brainly.com/question/31247096

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Can u own your own business without your business lincence

Answers

Answer:

Yes

Explanation:

If a kid sells things daily to people to make profit then that kid would have a "business"

It depends what country you live in and what business you plan on opening.

Thanks for the points:)

In your opinion, what are tradeoffs of a very successful biking company in a community?

Answers

Answer:

A snowboard, or an electric scooter

Explanation:

This two products may be bought by a buyer because they are less expensive or maybe even more convenient and safer than a bike from a popular manufacturer like Giant.

The actual purchase decision for an electric scooter or snowboard signifies the trade-off over the bike.

b. What kinds of information from previous budgets would be helpful for Talar to have on hand when she presents her budget to the Activities Committee? (2 points)

Answers

Answer:

- The time they took to complete, the places where they got their raw materials from, the duration for which they worked daily.

Explanation:

The above information from the previous budgets must be helpful to Talar while presenting her budget before the Activities Committee as this will assist her in showing how her present budget is dealing with each aspect of the organization and also consider the missing elements of the previous budget. The information associated with 'time consumed to complete the target, the places for raw materials, and the work hours' would help in showing how she has anticipated the cost of production and labor cost while preparing the budget. Thus, this information will establish the credibility of her claims.

Goals, objectives, and strategies are all important parts of a?

A.SMART goal
B.career portfolio
C.professional development
D.career plan

Answers

Answer:

D. career plan.

Explanation:

A career plan can be defined as a plan or strategy that helps an individual to achieve essential career growth.

A career plan helps you to be able to know yourself better by helping you to identify the skills and values that you have that is essential for the career path you want to take. It also tells you about the skills or certification that you will require in other to be able to advance in your career.

A career plan is made up of goals ( Short and long term goals) , objectives and strategies that helps an individual to make well informed decisions and gives such individuals clarity as to where they see themselves in the future.

C
The statement, "I have always wanted to work for your company," demonstrates how an applicant can benefit the employer.
Please select the best answer from the choices provided
ОТ
OF
Mark this and return
Save and Exit
Next
Submit

Answers

Answer:

its false

Explanation:

Answer:

the answer is false

Explanation:

just took the quiz on EDG!!!

PLEASE HURRY!!! With technology, music can be developed and incorporated into which of the following?
A. websites, Applets, PDF documents
B. CAD, spreadsheets, Word documents
C. games, images, queries
D. websites, games, presentations

Answers

B is the answer.

Websites, games and presentations can all have music incorporated into them. In each of the other three options there is at least one item that is text based that would not have music incorporated into it.

Answer:

D

Explanation:

websites can have music players, games have soundtracks, and presentations can have music players as well.

When there is inflation, a person can definitely expect

many banks to close.

the purchasing power of money to decrease.

a high number of companies to go out of business.

a high rate of unemployment.

Answers

Answer:

the purchasing power of money to decrease.

Explanation:

Inflation, in economic terms, refers to the rise in the price of the goods and services for a certain period of time. The value of money is decreased.

With the commencement of Inflation, the purchasing power of the money falls. With the rise in the price, the monetary value of the money decreases which leads to purchase fewer goods and services.

Answer:

the answer is b. Or not, its your choice

Explanation:

[as]

2 features of private limited companies.

Answers

Answer: (1) Legal entity

(2) Perpetual existence

Explanation: A very simple definition of a private limited company would help with subsequent explanation of its features or characteristics.

A private limited company is a business organization with private ownership being held by a few parties known as the shareholders, and these ones have their liability limited to the amount of shares contributed to the business capital. The total membership of owners is limited and hence the name "private."

There are a quite a number of features of a private limited company and two of these are;

(1) Legal Entity

(2) Perpetual Existence

(1) Legal Entity:

Once an organization has been registered as a "limited liability company," it immediately takes it own identity. What this means is that the laws of the country now recognizes the company as an individual with its own name and identity and is clearly distinct from the shareholders (owners of the company). This means the private limited company can have a bank account opened in its own name, it can sue and be sued to court in its own name (and not in the name of the shareholders), and so on. Basically, legal  entity implies that a private limited company is now a person on his/her own and all matters that concern the business organization shall be seen as the company. Hence all assets and liabilities belong to the company and not the shareholders.

(2) Perpetual Existence:

Perpetual or continuous existence as the name implies means the company can continue to remain in existence into the foreseeable future and no time limit can affect it. Also the death or exit of one or more members (shareholders) cannot affect the existence of the company. So if for example, one members retires and exits the company and later dies as a result of old age, with or without replacement of the ex member, the company continues to exist uninterrupted (remember the company is now a person on its own under the law). This explains why many multinationals such as banks and oil and gas producing companies have been in existence for decades and some close to two hundred years in existence (and still counting).

The chart shows the marginal revenue of producing apple pies. A 3-column table titled The return on pie production has 8 rows. The first column is labeled Pies produced per day with entries 0, 1, 2, 3, 4, 5, 6, 7. The second column is labeled Total revenue with entries blank, 10, 20, 30, 40, 50, 60, 70. The third column is labeled Marginal revenue with entries blank, 10, 10, 10, 10, 10, 10, 10. According to the chart, the marginal revenue decreases by ten dollars as production increases. increases by ten dollars as production increases. falls to zero dollars as production increases. remains the same as production increases.

Answers

Answer:

Remains the same as production increases

Explanation:

The marginal revenue is the additional amount of money earned for every additional unit of pie produced.

As we can see in the question, the marginal revenue remains the same: it is always 10, because every additional unit of pie produces 10 of revenue.

According to the chart, the marginal revenue increases by ten dollars as production increases.

What is marginal revenue?

Marginal revenue measures the rate of change of total revenue as output increases. According to economic theory, profit is maximised when marginal revenue is equal to marginal cost.

Marginal revenue = change in total revenue / change in quantity sold

Marginal revenue when output is 3 units = (30 - 20) / (3 - 2) = 10

To learn more about marginal revenue, please check: https://brainly.com/question/26246533

The invention of photography was initially important because:
A. it provided fun and entertainment for thousands of people.
B. it enabled people to communicate more information faster.
C. it gave farmers a means of keeping track of farm goods and
equipment
D. it helped artists, scientists, and journalists communicate in a new
way.

Answers

Answer:

D. it helped artists, scientists, and journalists communicate in a new  way.

Explanation:

The invention of photography helped in preserving the images and storing them for the future. Photography helped in the creation of a new medium of communication. The movement led towards the development in the field of history, science, art, and industry. The information can be archived and stored. Also, photography led to the new way of perceiving things from the eyes of the photographer and the journalists. It gave a new outlook to the artists to present their art forms.

In two to four sentences, explain economies of scale.

Answers

Answer:

Economies of scale is the cost advantage that arises with increased output of a product. Economies of scale arise because of the inverse relationship between the quantity produced and per-unit fixed costs; i.e. the greater the quantity of a good produced, the lower the per-unit fixed cost because these costs are spread out over a larger number of goods. Economies of scale may also reduce variable costs per unit because of operational efficiencies and synergies.

Total industry sales are $100 billion. The four largest firms have sales of $35 billion, $17 billion, $6.8 billion, and $2.2 billion. The industry's approximate four-firm concentration ratio is

Answers

Answer: The industry's approximate four-firm concentration ratio is 61%

Explanation:

Hi, to answer this question, first we have to sum all the four firms sales:

Mathematically speaking:

35 + 17 + 6.8 + 2.2 = 61 billion

Now, we have to divide the result by the total industrial sales:

61 billion /100 billion = 0.61

To express it as a percentage we have to multiply it by 100

0.61 x 100 = 61%

The industry's approximate four-firm concentration ratio is 61%

Feel free to ask for more if needed or if you did not understand something.  

Food Safety - Potential Hazards (CORE)
<
To help prevent chemical contamination, where should you store chemicals?
O Below food storage areas
In the bathroom
O Above food storage areas
O Away from food

Answers

Answer:

Away from food

Explanation:

Chemicals should be stored away from food because the slightest contact between them would lead to chemical contamination

Identify the intermediate goals that would be most helpful toward becoming a Chef. Check all that apply.

within two months, organize and start a school cooking club
within six months, join a school sports team
within one year, take a business class
within four years, graduate from high school
within six years, earn a master’s degree
within eight years, graduate from culinary school
within twelve years, become the head chef at a top restaurant

Answers

Answer:

1, 3, 4, 6, 7.

Explanation:

Answer:

1,3,4,6 and 7

Explanation:

just confirming its right. :)

I’ll mark brainliest

Answers

Answer:

Yes C is correct

Explanation:

I think the answer would be D

TRUE OR FALSE FOR EACH BRAINLIEST ANSWER PLEASE 1. The Statute of Limitations discharges a debt by operation of law unless the debtor reinstates the debt. 2. In most situations, when a breach of contract occurs, the innocent injured party is held to a duty to mitigate the damages. 3. Anything less than complete performance is a material breach of contract. 4. Unless there is a material breach, parties can never mutually agree to discharge one another (rescind the contract).

Answers

Answer:

Hjsksk

Explanation:

Hjskkz zzhzk

ZzjjskslL

Zhzkls

Hzkz

Jzso

Which of the following can send a live stream of updates to your website from your social media sites?
A webcam

A streaming app

A widget

A newsfeed

Answers

Answer:

A webcam

Explanation:

Streaming is the process of accessing, watching, listening to music or video in the 'real-time'. It does not mean that the video or audio is downloaded and then watched or listened to. The file is not downloaded, rather it is just streamed online. A webcam is a device that is used to build the links of the videos to function like a videophone. It is used to record videos that can be further used to stream them on any social media platform.

Answer:

A widget

Explanation:

Rachel is on her way to an interview for the position of a project manager. She is trying to prepare for this interview by analyzing her own skills. Which of Rachel’s skills is relevant to the position of a project manager?

Answers

Answer:

Leadership.

Negotiation.

Scheduling.

Cost Control.

Risk Management.

Contract Management.

Critical Thinking.

Communication.

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how could the presence or absence of a protein determine a phenotype At a local frozen yogurt shop you have a choice of 6 different flavors of yogurt and 18 different toppings. There would be how many ways to select yogurt and a topping? (Permutations and combinations) Help anyone???? Please 1. Which of the following is an example of the resource-based view of the firm? a. Philip Morris diversified by purchasing Kraft foods, because they did not want to put money back in the high-risk cigarette business. b. Google hires employees by asking them to fill out a 200-item questionnaire; many of the questions have nothing to do with computers. c. Halliburton takes advantage of the US war budget to bill the government at over $5 per gallon of gasoline. d. Canon manufactures scanners, printers, copiers and cameras, all using its capability in imaging. A car company claims that its cars achieve an average gas mileage of at least 26 miles per gallon. 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The Accounts Receivable balance for Bach Consulting is $4,400,000 as of May 31, 2020. Before calculating and recording the months bad debt expense, there is a credit balance in the Allowance for Doubtful Accounts of $80,000. The May 2020 net sales were $30,000,000. In the past several years, 1% of net sales have proven uncollectible. An aging of accounts receivable results in a $360,000 estimate for the Allowance for Doubtful Accounts as of May 31, 2020.PART A: PERCENT OF SALES METHODAssume that Bach Consulting uses the percent of sales method to estimate future uncollectible accounts.What adjusting entry does Bach make to record May 2020 Bad Debt Expense?What is "Accounts Receivable, net" on Bachs May 31, 2018 Balance Sheet? $___________What is "Bad Debt Expense" on Bachs May 2020 Income Statement? $___________PART B: ANALYSIS OF RECEIVABLES METHODAssume that Bach Consulting instead uses the analysis of receivables method to estimate future uncollectible accounts.What adjusting entry does Bach make to record May 2020 Bad Debt Expense?What is "Accounts Receivable, net" on Bachs May 31, 2018 Balance Sheet? $___________What is "Bad Debt Expense" on Bachs May 2020 Income Statement? $___________Problem 3 Use PVH Corp.s financial statement information to answer the following questions.Provide the following account balances for PVH:February 2, 2020February 3, 2019Accounts Receivable (gross)Allowance for Doubtful AccountsAccounts Receivable, netWhich of the above numbers represents the amount of its February 2, 2020 Accounts Receivable balance that PVH expects to collect in the subsequent year(s)? 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The net present value of the proposed project is closest to: 60 is what percent of 400 What were the causes and consequences of the Peasants Revolt (1381)? Why do people protest now?