How much will he have to pay

Reference no: EM131121496

Johann maintains a $75,000 insurance policy on his boat. He pays $50 per month in premiums and his deductible is $2,500. If he is involved in an accident that does $2,000 worth of damage to the boat, how much will he have to pay?

Reference no: EM131121496

Questions Cloud

Examine the responsibilities within the nation-state : View the video titled, "Globalization Negatives - SLIDES" (11 min 45 s), located here. Select two (2) global flows involved in perpetuating negative globalization. Outline these global flows and provide an explanation as to why these are perpetuat..

Would result in the process with six- sigma capability : Natural Foods sells Takeoff, a breakfast cereal, in one-pound boxes. According to Food and Drug Administration (FDA) regulations, a one- pound box must contain at least 15.5 ounces of cereal. What targets (in terms of the mean and the standard deviat..

Dispatch delivery service record the interest payment : Josh Reilly is the owner of Dispatch Delivery Service. Recently Josh paid interest of on a personal loan of that he used to begin the business. Should Dispatch Delivery Service record the interest payment? Explain.

Data definitions-clinical vocabularies : Compare and contrast data definitions, clinical vocabularies, terminologies, classifications, taxonomies, nomenclatures and dictionaries.

How much will he have to pay : If he is involved in an accident that does $2,000 worth of damage to the boat, how much will he have to pay?

Write down your initial personal response to this situation : Choose some part of your writing to refine and post to this discussion. Include references to the text to support your comments and concerns. You might want specifically to focus on the information in Chapter 5 which deals with utilitarianism. How..

Soap company manufactures powdered detergent : PR 20-1A Cincinnati Soap Company manufactures powdered detergent. Phosphate is placed in process in the Making Department, where it is turned into granulars. The output of Making is transferred to the Packing Department, where packaging is added a..

Critical feedback is important in improving performance : No one enjoys bad news or critical feedback, or do they? Constructive and critical feedback is important in improving performance. If you don’t know what you’re doing is wrong, how do you fix it if no one tells you? Describe at time when you received..

Risk management-contingency planning : Choose one of the following topics: risk management, contingency planning, and data recovery. Design a policy or procedure related to the topic you chose. Please be detailed on your policy or procedure. Cite your references.

User Account

All Pages