It is your 6th birthday today. You have a trust fund with $50,000 that is earning 8% per year. You
expect to withdraw $30,000 per year for 7 years starting on your 22nd birthday for graduate school.
How much money will be left in the trust fund after your last withdrawal (rounded to the nearest
$10)?
A) $4,140
B) $125,660
C) $35,780
D) You will not have enough money to pay for graduate school.
A
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Which of the following statements about the additional coverages under Section I of the Homeowners 3 policy is true?
A) There is coverage for the reasonable cost incurred to protect property from further damage after a covered loss occurs. B) There is unlimited coverage for furnishings of the landlord in an apartment on the premises that is rented to others. C) Property removed from the premises because it is endangered by an insured peril is covered on a named-perils basis while it is outside the insured premises. D) There is no coverage for the increased cost of construction or repair to comply with an ordinance or law.
Time is a moderately important factor, you have no power, and the ongoing relationship is critical to you. Which conflict response will you most likely use?
A) Forcing B) Accommodating C) Compromising D) Avoiding