Asked by Reston
Hello, I'm having a bit of trouble with two questions:
1. Phoenecia deposits $300 into a simple interest account that pays 3%. After 7 months what will be the total value of her account?
(A)$309.00 (B)$305.25 (C)$321.00 (D)$9.00
2. Which of the following help to reduce an insurance company's share of risk? (A) waiting period (B) deductibles (C) co-insurance (D) all of these
1. Phoenecia deposits $300 into a simple interest account that pays 3%. After 7 months what will be the total value of her account?
(A)$309.00 (B)$305.25 (C)$321.00 (D)$9.00
2. Which of the following help to reduce an insurance company's share of risk? (A) waiting period (B) deductibles (C) co-insurance (D) all of these
Answers
Answered by
Ms. Sue
We'll be glad to check your answers.
Btw -- without doing the math, you can easily see the only possible correct answer for the first problem.
Btw -- without doing the math, you can easily see the only possible correct answer for the first problem.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.