# MATH Intermediate questions

in 2 hours 10 question!!!1- Solve the problem.The Corner Cafe has a replacement cost of \$262,000 and is insured for \$186,020 with an 80% coinsurance clause. The building has a fire loss of \$24,300. How much will the insurance company pay?Select one:a. \$24,300b. \$25,880c. \$21,566d. \$17,2532- Find the amount paid by each insurance company. Assume that any coinsurance requirement is met.Insurance loss: \$15,000Company A coverage: \$90,000Company B coverage: \$30,000Select one:a. A pays: \$11,250B pays: \$3750b. A pays: \$10,500B pays: \$4500c. A pays: \$15,000B pays: \$0d. A pays: \$13,500B pays: \$15003- Solve the problem.A driver injures a bicycle rider. The driver has bodily injury limits of 15/30. In court, the injured rider is awarded damages of \$19,000 Find the amount that the insurance company must pay and the amount that the insured must pay.Select one:a. \$30,000, \$0b. \$19,000, \$0c. \$15,000, \$4,000d. \$0, \$15,0004- Find the book value after the given number of years, using the straight-line method. Round your answer to the nearest dollar.Find the book value at the end of the first year.Cost: \$4500Estimated life: 5 yearsEstimated scrap value: \$700Select one:a. \$3740b. \$2980c. \$3600d. \$7607- Solve the problem. Round to the nearest dollar.Rainbow Ice Cream bought a frozen custard maker that cost \$6500. The expected life is 6000 hours of production with a salvage value of \$650. Find the book value at the end of the third year. Use the units-of-production method of depreciation given the following production schedule.Year 1 1530 hoursYear 2 1650 hoursYear 3 1290 hoursSelect one:a. \$2119b. \$4381c. \$1469d. \$16578- Solve the problem. Round to the nearest dollar.Central Street bought a rolling machine that cost \$76,000. The expected life is 700,000 hours of production with a salvage value of \$7600. Find the book value at the end of the third year. Use the units-of-production method of depreciation given the following production schedule.Year 1 175,000 hoursYear 2 171,000 hoursYear 3 164,000 hoursSelect one:a. \$51,000b. \$25,000c. \$20,629d. \$17,4009- Find the annual straight-line rate of depreciation for the estimated life.50 yearsSelect one:a. 0.2%b. 1.0%c. 2.0%d. 50%10- Find the amount paid by each of the multiple carriers.The Hamilton Race Track had a fire loss of \$319,000. They had insurance as follows: company A \$250,000,  company B, \$200,000 ; and company C, \$50,000. Find the amount paid by each carrier. Assume the coinsurance requirement is met.Select one:a. A pays: \$127,600B pays: \$127,600C pays: \$63,800b. A pays: \$319,000B pays: \$0C pays: \$0c. A pays: \$159,500B pays: \$106,333C pays: \$53,167d. A pays: \$159,500B pays: \$127,600C pays: \$31,900