Melvin has an auto insurance policy that includes both collision and comprehensive coverage. he has a $250 deductible on his collision coverage and a $100 deductible on his comprehensive coverage. his car has a book value of $7,500 when he is in a one-car accident with a tree. the car suffers damages of $5,000. how much will melvin's insurance company pay for this repair work?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Melvin has an auto insurance policy that includes both collision and comprehensive coverage. he has a $250 deductible on his collision ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Who is not spending wisely? Erika goes shopping and saves her receipts. She totals how much she spent and writes it down. Mia needs to buy a new pair of shoes because she joined the soccer team. She looks at newspaper ads to find the best price.
Answers (2)
Roxanne has completed her positioning analysis and believes she understands why her adult milk beverage has been performing so badly.
Answers (1)
Wright Company's cash account shows a $29,300 debit balance and its bank statement shows $27,600 on deposit at the close of business on May 31. a.
Answers (1)
A firm has sales of $3,340, net income of $274, net fixed assets of $2,600, and current assets of $920. The firm has $430 in inventory. What is the common-size statement value of inventory? A. 44.16 percent B. 16.54 percent C. 13.36 percent D. 12.
Answers (1)
If BNSF Railroad saves $100,000 in year one, $110,000 in year two, and amounts increasing by $10,000 each year for all five years, what is the annualized savings at an interest rate of 10%?
Answers (1)
New Questions in Business
Monique was looking for a venue for her wedding reception. When she visited one potential location, she noticed that the landscaping was not complete, and there was stained carpet in the lobby.
Answers (1)
A monthly fixed rate mortgage payment--- A. could change. B. never changes. C. increases annually. D. decreases annually.
Answers (1)
On December 31, Carmack Company received a $215 utility bill for December that it will not pay until January 15. The adjusting entry needed on December 31 to accrue this expense is: 1. Debit Utilities Expense $215; credit Accounts Payable $215. 2.
Answers (1)
Sean, a sales manager at MusicForAll Inc., constantly seeks responsibility and works hard to succeed at his workplace.
Answers (1)
A firm realizes that the market price has fallen below its average total costs, and it is now earning a loss. what is the best action for the firm to take in the short run?
Answers (1)