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

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.

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:

B) she was very calm under pressure

Explanation:

A project manager is a designation in which the management and the responsibility of the entire project lie in the hands of an individual. The responsibilities of planning, running and the execution of the project is undertaken by the project manager.

From the given options, the soft skill of keeping very calm under pressure will be the most relevant for Rachel. All the other three options are the skills relevant for a specific proficiency in the technical field. To be a project manager, calmness, and efficiency to work under pressure is required.

In order to calculate _____ using cost plus markup, a seller needs to know two things the cost of the item in the market.

A. Market share

B. Selling price

C. Number of sales per month

D. Tax rate

Answers

it would be selling price

Answer:selling price b

Explanation:

what is a good and easy 1 credit class to take on FLVS?

Answers

Answer:

Web Design I & II

Explanation:

Worth a whole credit each, the web design courses on FLVS are fun and and interesting, but there's a lot of focus needed to make sure you're doing everything right. Since you'll be creating your very own website using Dreamweaver and Fireworks, you'll have to follow instructions laid out in the modules closely. If you're good at focusing and following extensive directions, then you should be fine with the course. Depending on how computer savvy and focused you are, completion time can range from a week to months.Either way, it's an easy course and can be a huge grade booster since as long as you follow directions, you can easily earn a 95% or higher in the class with barely any mindful effort.

Answer:

peer pressure

Explanation:

Which of the following accurately describes a capital gain?
A. Arise in the standard of living
B. The difference between costs and revenues
C. An upward trend in prices
D. An increase in the value of an investment​

Answers

Answer:

A. Arise in the standard of living

Explanation:

A. Arise in the standard of living

Which of the following would be a key performance indicator for a student pursuing a bachelor's degree in English?
Maintain a minimum average of 80 percent on all exams.
Get 100 percent on next week's quiz,
Use a peer group for help in a tough class.
Attend weekly Writers' Club meetings.

Answers

The correct answer is A. Maintain a minimum average of 80 percent on all exams.

Explanation:

Indicators of performance at school, college, or similar are ways of measuring how well or bad students perform at a specific class or career. This includes the use of grades because these show numerically the advances of students and their average performance.

According to this, an appropriate indicator for a student pursuing a bachelor's degree in English is "Maintain a minimum average of 80 percent on all exams" because an average of 80 percent on different exams shows the student has a good performance as this can be measured through grades. Also, others such as use a peer group or get 100 in only one quiz do not show the general performance.

Answer:

Maintain a minimum average of 80 percent on all exams.

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

starting up a lemonade stand

Answers

Answer:

STEP 1:

Plan your business

STEP 2:

Form a legal entitity

Step 3:

Register for taxes

STEP 4:

Open a business account and credit card

STEP 5:

Set up business accounting

STEP 6:

Obtain necessary permits and licences

STEP 7:

Get a business insurance

STEP 8:

Define your brand

STEP 9:

Establish your web presence.

Explanation:

I hope this is what you mean

Step 2 is the answer

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. :)

My last question . Marking the brainliest :)

Answers

Answer:

your answer would be BBbBB

Explanation:

Answer:

Choice B

Explanation:

The minimum temperature would be 145 degrees, but more than that would most likely be overcooked.

Please mark BRAINLIEST! Thanks!

HELP ME :( Which of the following is not a requirement for substantial performance? Select one: a. Performance must be 99.9% of what was promised and no less. b. The party must have performed in good faith. c. Performance must not vary greatly from what was promised. d. Performance must create substantially the same benefit as was promised.

Answers

Answer:

a. Performance must be 99.9% of what was promised and no less.

Explanation:

If performance was 99.9% of what was promised, then it was basically fully performed. It is like saying I will finish this in 1 hour, but it took me 1 hour and 1 second to finish.

Substantial performance allows a party to receive payment even if they didn't fully complete the specific terms of a contract. In some states, a % is used to measure substantial performance and it ranges from 2-3% of costs remaining to fully complete a contract.

The substantial performance doctrine basically allows a small deficit on either party involved in a contract. It depends a lot on the good faith that the parties had on completing the work.

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!!!

What was the main benefit of the advent of the telegraph and the telephone?
A. People could communicate more quickly over long distances.
B. People living in different regions could read the same news.
C. Individuals could write and share their ideas with the greater
public.
D. People could see what other parts of the world looked like.
Need the help ASAP

Answers

A- people could communicate more quickly over long distances
A) while B is close the news would still have to be communicated quickly from elsewhere along with other information

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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Which of the following is not part of the role of a forester? a. develop sustainable practices b. prevent removal of timber c. determine means for continued growth d. assess timber quality Please select the best answer from the choices provided A B C D Mark this and return'

Answers

Answer:

B

Explanation:

The following is not part of the role of a forester: determine means for continued growth. Thus option (c) is correct.

What is the population growth?

A population is the total number of individuals that live in a particular region or area. The number of individuals that live in an area can either increase or decrease over time, which leads to population growth.

Population growth can be positive or negative depending on if certain factors cause the number of individuals to increase or decrease.

Exponential population growth occurs whenever a population continues to increase in size at a consistent pace. However, generally there are a few population factors that affect the size of a population, including , mortality, natality, and migration.

Learn more about population growth here:

https://brainly.com/question/16643668

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Leaslie has a 1999 Honda Accord. It is worth $2,500. What’s types of insurance must she have? What’s types should she have? Why?

Answers

She should get liability insurance because her car isn’t worth enough money to get full coverage.

I WILL MARK THE BRAINLIEST

Answers

Answer: B

Explanation: Cockroaches have a strong oily odor from them.

I agree with B ^^^^^^^^

PLEASE HELP ME FOR BRAINLIEST ANSWER Which of the following remedies are not available to the non-breaching party upon material breach? Select one: a. sue for punitive damages b. recission c. accept the defective product d. discharge e. compensatory damages

Answers

c because that makes the most sense

Isabel is creating a wireframe she has drawn a layout for the home page along with outlining the navigation elements she now wants to represent content and a banner for the home page what should she use?
Isabel should use (???) to show where the content and banner will go

Answers

Answer: Filler Content

Explanation:

I think what the question is getting at is using filler content. This includes filler images and sample text. Once the website is all set up, the filler content is replaced with the actual content.

Answer:

the correct answer is placeholder

Explanation:

right on plato :p

Suppose you manage a local grocery store, and you learn that a very popular national grocery chain (Whole Foods or Walmart) is about to open a store just a few miles away. Use the model of monopolistic competition to analyze the impact of this new store on the quantity of output your store should produce (Q) and the price your store should charge (P). What will happen to your profits? Please show graphically and explain your reasoning in detail. For example, how and why do profits change? How can that be seen on the graph?

Answers

Answer: The answer is given below

Explanation:

The entry of a new firm will lead to the reduction in the demand for the existing firm, thereby reducing the output and price. Also, in the long run when the new firm enters the market, this will lead to the supernormal profits to be driven down. The firms are price makers, faced with a demand curve that is downward sloping. Because each firm makes a product that is unique, it can either charge a lower or higher price than its rivals.

As the new firms enter the market, the demand for the product of the existing firm becomes more elastic, the demand curve will shift to the left, which drives down the price. All the super-normal profits will be gone. So, change in the elasticity effects profits .

For the market shares constant innovation to be defended, proper marketing is required. The monopolistic competition is based only on product differentiation . When new variety and innovative products are launched, this may attract consumers which will lead to increase in demand and drive up the profits.

A family buys a car for $25,000. The family pays $2,500 cash and takes out a loan for the rest at 8% simple interest.

What is the monthly payment if the loan length is 5 years?

$150

$250

$425

$525

Answers

Answer:

A. $150

Explanation:

Amount of car = $25,000

Initial payment = $2,500

If the family takes out a loan for the rest, the amount taken as loan

= $25,000-$2,500

= $22,500

If interest of 8% is charged on the loan for 5years, the interest charged for the 5years can be gotten using simple interest formula:

Simple interest = principal × rate × time/100

Simple interest = $22,500×8×5/100

Simple interest = $9,000

If total interest paid for 5years = $9,000

The family monthly payment will be:

= $9000/5×12 (since there are 12months in a year)

= $9,000/60

= $150

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.

Demonstrating opportunity cost is done through production

Oanalysis
Opossibility
Ocalculation.
Oresearch

Answers

Answer:

Possibility

Hope this helps :)

Explanation:

what are three ways the role of the secretary has changed in recent years?​

Answers

Answer:

Following are some ways the role of secretary has changed:

1) From Man to Women

Back in time, secretaries were men, but when during different wars (especially world war 1 and 2) men used to fly away, this title slipped to the women.

2) Change of responsibilities

The role of a secretary was mainly to make appointments, keep records. bring coffee for the boss, but now a secretary has been rebranded as an assistant or office administrator which covers the expanding responsibilities of an office.

3) From Dictation or Decision Making

Secretaries used to get dictated by their bosses but now they have become an important part of the decision making processes.

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.

I WILL MARK THE FIRST BRAINLIEST ANSWER :D

Answers

Answer:

Choice A

Explanation:

Washing hands will prevent food hazards, germs, and more from customers.

Answer:

All of these are correct but to prevent physical hazards, The answer would be C

Explanation:

What are some ways that leaders can make the company environment safe?

Answers

Answer:

Explanation:

Respect others. ...

Find out what they expect from you. ...

Be clear about what you expect from them. ...

Set the direction and stay the course if possible. ...

Reduce uncertainty. ...

Be human. ...

Be the real deal.

Answer:

did you ever find out? I need help.

Explanation:

Which of the following is the most liquid?

Municipal bonds.

Savings accounts at a local bank.


Collectible antique cars.

Stock mutual funds.

Answers

Answer:

Option(2) i.e  " savings accounts at a local bank." is the correct answer to the given question .

Explanation:

Liquid asset are those asset that are rapidly translated into the cash money.The liquid asset is the connection cash in hand asset or perhaps the  asset that can quickly be turned into the cash money.

We will withdraw the money many number of times it means in the option(2) the money is turned into the cash money. this is an example of the liquid asset .All the other options are not turned into the cash money that's why it is not liquid asset .So these are incorrect option.

Which investment vehicle carries the least risk?
A Government bonds
B Large company stocks
C Small company stocks
D OU.S. Treasury bills

Answers

it is the government bond

Definitley marking the brainliest ASAP

Answers

Answer:

It's A im thinking

Explanation:

Answer:

Choice A

Explanation:

Two ours should be maximum, otherwise the food might be contaminated, after two hours.

Please mark BRAINLIEST!

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What was the primary government during the Middle Ages? During the tang dynasty, china strongly influenced the cultures ofA. Greece and Italy B. Japan and Korea C. France and Germany D. Egypt and Arabia Choose the transitional word which best fits this pair of sentences,A glow began to show in the eastern sky.the brilliance of the sun could be seen on the horizon.A.HoweverB.ThereforeC. EventuallyD.Since Determine the value of z in the figure answers: z = 40 z = 90 z = 20 z = 45 When thrown upward at a velocity of 16 feet per second, the height f ofan object in feet at the end of t seconds is given by the formula f =-16t+16t?After approximately how many seconds will an object reach a height of 32 feet?5 seconds2 seconds3 secondsNone of the choices are correct. Solve x* - 3x2 + 2 = 0 using substitution. When 1.550 gg of liquid hexane (C6H14)(C6H14) undergoes combustion in a bomb calorimeter, the temperature rises from 25.87 CC to 38.13 CC. Find ErxnErxn for the reaction in kJ/molkJ/mol hexane. The heat capacity of the bomb calorimeter, determined in a separate experiment, is 5.73 kJ/CkJ/C. Solve for x A) 5B) 6C)7D)8 Find the surface area of the polyhedra pls!! show how you got the surface area An OSU senior is studying for exams in psychology and economics. The student has time to read 50 pages of psychology and 10 pages of economics. Or, in the same amount of time the student could read 30 pages of psychology and 70 pages of economics. How many pages of economics can the student read instead of reading just 1 page of psychology What type of device forms images by changing the speed at which light travels? Simplifying 8x+7-2x-4 completely Find the area of a regular hexagon with a perimeter of 72 inches. *1 point360.055 square inches374.112 square inches381.489 square inches Sundance systems has the following transactions during July.July 5- Purchases 58 LCD televisions on account from Red River Supplies for $3,400 each, terms 2/10. n/30.July 8- Returns to Red RIver two televisions that had detective sound.July 13- Pays the full amount due to Red River.July 28- Sells remaining 56 televisions purchased on July 5 fpr $3,900 each on account.Record the transactions of Sundance systems, assuming the company uses a perpetual inventory system. Which option is the clearest example of a theme?A.the lion as a symbol of courageB.christine destroys her rival,MarkusC.love that is forbidden by societyD.the story of how the world began why are there no small organisms in the bathyal zone?I will give 50 extra points if you are correct!! Building large manufacturing facilities can affectecosystems by increasing the 4) (7 pts.) A water molecule is centered at the origin of a coordinate system with its dipole moment vector aligned with the x axis. The magnitude of a water molecule dipole is 6.16 1030 Cm. What is the magnitude of the electric field at x = 3.00 109 m? Peter rides a bike along a triangular path in the neighborhood park. The sides of the path measure 3.36 miles, 4.18 miles, and 5.61 miles. How far does Peter ride? 10.75 miles miles 12.35 miles 13.15 miles a triangular path in the neighborhood park. Thesides of the path measure 3.36 miles, 4.18 miles, and 5.61 miles. How fardoes Peter ride? A tank circuit consists of an inductor and a capacitor. Give a simple explanation for why the magnetic field in the induc- tor is strongest at the moment that the separated charge in the capacitor reaches zero.