Il PauseWhich of these people is MOST LIKELY to be offered adiscounted rate on his or her homeowners or rentersinsurance policy?O A. a renter who has had coverage from the sameinsurance company for 25 yearsO B. a homeowner who just hosted a very profitablegarage saleC. a renter who just set up a graphic designbusiness in a spare roomO D. a homeowner who just bought a safe depositbox to store $50,000 worth of jewelry Read the passage and answer the followingquestion(s).disinsHomeowner and Renters Insurance: Protect Your BelongingsYou may be able to save hundreds of dollars a year onhomeowners insurance by shopping around. You can alsosave money with these tips:Consider a higher deductible. Increasing your deductible byjust a few hundred dollars can make a big difference in yourpremium.Ask your insurance agent about discourks. You may be ableto get a lower premium if your home has safety featuressuch as dead-bolt locks, smoke detectors, an alarm system,storm shutters or fire retardant roofing material. Personsover 55 years of age or long-term customers may also beoffered discounts.OD.Insure your house NOT the land under it. After a disaster,the land is still there. If you don't subtract the value of theland when deciding how much homeowners insurance tobuy, you will pay more than you should.Don't wait till vou have lor

We have to read the passage an answer the question following it.

Which of these people is MOST LIKELY to be offered a discounted rate on his or her homeowners or renters insurance policy? O A. a renter who has had coverage from the same insurance company for 25 years O B. a homeowner who just hosted a very profitable garage sale O C. a renter who just set up a graphic design business in a spare room O D. a homeowner who just bought a safe deposit box to store $50,000 worth of jewelry

Which of these people is MOST LIKELY to be offered a discounted rate on his or her homeowners or renters insurance policy? O A. a renter who has had coverage from the same insurance company for 25 years O B. a homeowner who just hosted a very profitable garage sale O C. a renter who just set up a graphic design business in a spare room O D. a homeowner who just bought a safe deposit box to store $50,000 worth of jewelry

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter14: Planning For Retirement

Section: Chapter Questions

Problem 8FPE

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(Solving for r with annuities) Nicki Johnson, a sophomore mechanical engineering student, receives a call from an insurance agent, who believes that Nicki is an older woman ready to retire from teaching. He talks to her about several annuities that she could buy that would guarantee her an annual fixed income. The annuities are as follows in the popup window: LOADING... . If Nicki could earn 11 percent on her money by placing it in a savings account, should she place it instead in any of the annuities? Which ones, if any? Why? a. What rate of return could Nicki earn on her money if she place it in annuity A with $7,000 payment per year and 10 years duration? nothing% (Round to two decimal places.) Help Me Solve ThisView an Example Get More Help Clear All Check Answer Data Table ANNUITY INITIAL PAYMENT INTO ANNUITY (AT t = 0) AMOUNT OF MONEY RECEIVED PER YEAR DURATION OF ANNUITY (YEARS) A $40,000…