Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Financial Management Expert

Marika Katz bought a new Blazer and has insurance coverage of 25/50/25 with $200 deductible for collision. Driving up to her summer home one evening, Marika hit a parked car and injured the couple inside. Marika’s car had damage of $7,500, and the car she struck had damage of $5,800. After a lengthy court suit, the couple struck were awarded personal injury judgments of $18,000 and $9,000, respectively.

a. What will the insurance company pay for this accident?

Amount paid            $

b. What is Marika’s responsibility?

Amount paid            $

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92093263

Have any Question?


Related Questions in Financial Management

Watch the video role morality link attached below in the

Watch the Video: Role Morality (Link attached below in the documnet) And answer the following questions: 1. Do you agree that a person should have one set of morals for family and church and another set for his or her em ...

Read through the below post and provide any on of the

Read through the below post and provide any on of the following: APA format 250 Words. . Ask a probing question, substantiated with additional background information, evidence or research. · Share an insight from having ...

Portfolio projectexotic food inc capital budgeting casecase

Portfolio Project: Exotic Food Inc., Capital Budgeting Case CASE SUMMARY Exotic Food Inc., a food processing company located in Herndon, VA, is considering adding a new division to produce fresh ginger juice. Following t ...

Questions 1 when can there arise a conflict between

Questions 1. When can there arise a conflict between shareholders and managers goals? How does wealth maximization goal take care of this conflict? 2. A company has just tested the market for a new product. The test indi ...

Case discussion questionshow does a franchise system such

Case Discussion Questions How does a franchise system such as the one used by Two Men and a Truck create value for its global partners? Two Men and a Truck points to the size of the middle class in a country and the popu ...

Materialinstruments with various measurement scales

Material Instruments with Various Measurement Scales Worksheet Describe in no more than 350 words a business situation of your choice where market research can influence decision making. Create six questions for a questi ...

Objectivesin this assignment you are expected to develop a

Objectives In this assignment you are expected to develop a business report that will be presented to a senior manager of a law firm. The report should be informative but concise and follows a specific structure that all ...

Choose a publicly traded company to value in preparation

Choose a publicly traded company to value in preparation for a purchase by ABC Company (a fictitious company who has unlimited funds for this purchase). While ABC Company has the funds to purchase the selected company, A ...

Chapter 61complete internet exercises 123 on page 217 of

Chapter 6 1. Complete Internet Exercises 1,2,3 on page 217 of the textbook. Discuss your responses. Chapter 8 2. Question 20, textbook page 279 and also provide an example and discuss in your own words. 3. Assume that th ...

Question 1youre asked to assess whether your corporation

Question 1. You're asked to assess whether your corporation should invest in a long-term capital project. You calculate the payback period and NPV. Give an example of a specific recommendation you could make based on the ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As