Assigned 8,9,10

Assigned 8,9,10 - 3. Chapter 10 a. Your home insurance...

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Assignments Chapter 8–10 1. Chapter 8 a. A 32-ounce package selling for $1.60 would have a unit price of? b. What is the difference between mediation and arbitration? 2. Chapter 9 a. When would you consider renting a better option than buying a home? b. Looking at the chart on P. 298 (exhibit 9-9) what would the monthly mortgage payment be for a house that was: i. $100,000 at 7% for 30 years? ii. $100,000 at 12% for 15 years?
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Unformatted text preview: 3. Chapter 10 a. Your home insurance provides for replacement value for personal property losses. A microwave is stolen. It cost $300 two years ago and has an expected life of six years. A comparable microwave costs $400 today. What amount will the insurance company pay? b. In a policy that has 50/100/25 what do each of the three numbers represent?...
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This note was uploaded on 04/02/2008 for the course FINC 201 taught by Professor Kana during the Spring '08 term at Texas A&M.

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