subject
Business, 01.07.2020 15:01 chrisraptorofficial

Cameron is choosing a car insurance plan. Based on his driving history and traffic where he lives, Cameron estimates that there is a 25% chance he will have a car collision this year. In each plan, the insurance will cover the full cost of the collision after the deductible is paid.
Which plan detailed in the table is most likely to save Cameron the most money, based on expected value?
Plan
Deductible
Collision
Comprehensive
Premium Total
А
$300
$525
$239
$764
$500
$460
$215
$675
C
$1.000
$375
$185
$2.500
$300
$136
$436
plan A
plan B
plan c
plan D
Each plan is likely to save Cameron the same amount of money.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 12:30
On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.
Answers: 3
question
Business, 22.06.2019 17:40
Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc
Answers: 2
question
Business, 22.06.2019 20:10
Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost.refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account
Answers: 3
question
Business, 22.06.2019 21:40
Penny poodle wanted to know which dog obedience training program was more effective: puppy pride, the approach she has been using for any years, or doggie do-right, a new approach. penny convinced 50 human companions of untrained dogs to participate in her study. the dogs and their humans were randomly assigned to complete the puppy pride or doggie do-right course. at the end of the training programs, all of the dogs were scored on their level of obedience on a standardized dog obedience checklist (scores could range from 10 to 100). the design of this study is:
Answers: 2
You know the right answer?
Cameron is choosing a car insurance plan. Based on his driving history and traffic where he lives, C...
Questions
question
Mathematics, 27.01.2020 18:31
question
Mathematics, 27.01.2020 18:31
question
Mathematics, 27.01.2020 18:31
Questions on the website: 13722361