Calamity Casualty Insurance Company, a primary insurer, has a surplus share treaty with Whitecherry Re, with a $500,000 retention. Calamity Casualty insured Bob's Bar & Grill for a limit of $2,000,000 and a premium of $1,000. Bob's Bar & Grill submitted a covered loss totaling $400,000. What amount of the loss will Whitecherry Re pay? Show calculations.

What’s the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695

At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)

Each state’s organizational structure is guided by the federal government.true or false?