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Vocab
Insurance
Probability
Balances and interest
Simplifying Expressions
100
The amount an insurance company pays you to your beneficiary when you file a claim is what?
What is a Benefit
100
What covers another persons medical bills?
What is Medical Liability
100
The chances of rolling a 2 on a six sided dice.
What is 1/6
100
The amount of money in someones account.
What is the Balance
100
2x+5x
What is 7x
200
Damage to the policyholders car from any crash. The crash could be with another car. This is called what?
What is Collision
200
What covers the other persons property damage?
What is Property Damage Liability
200
The probability of drawing a black Ace out of a deck of cards
What is 2/52
200
When someone takes more money out of an account than they have
What is an Over Draw
200
-3(q-4)
What is -3q+12
300
This covers medical expenses for injuries the policyholder causes to someone else
What is Body Injury Liability
300
In 150/400/75, the 75 stands for what?
What is Property Damage
300
In a class of 15 boys and 10 girls, two students are drawn at random what is the probability of choosing a boy and a girl
What is 150/600
300
Cole deposits $11,000 in a certificate of deposit that pays 9%interest compounded annually. What is the amount of interest he pays?
What is $990
300
3x+2y-6x-4y
What is -3x-2y
400
this is a predetermined sum paid for a covered loss
What is Indemnity
400
You pay this each month for your insurance
What is Insurance Premium
400
Brittany randomly chooses two letters from the word Hollywood. What is the probability she chooses an L and an H
What is 2/72
400
You have student loans of 25,000 with an APR of 6% for ten years. Monthly payments are what
What is 277.50
400
-(3x+5t-8)
What is -3x-5t+8
500
A document that shows proof of financial of financial responsibility in the case of a traffic violation
What is SR-22
500
Johns insurance annual premiums are $2400, how much are his monthly payments.
What is $200
500
The probability you will be dealt 2 aces from a deck of cards
What is 12/2652
500
this means a deposit that has yet to be counted on a bank statement
What is Outstanding Deposits
500
[2(a+50+4]-[5(b-2)+b]
What is 2a+24-6b