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How do you calculate amount of insurance claim for goods lost in fire?
The ultimate answer depends upon whether the policy was issued on an "actual cash value"(ACV) basis or on a "replacement cost" basis. ACV takes into account the make, model, age and condition of the item in calculating value. In essence, it pays the depreciated value of the items. Replacement cost coverage generally pays for the replacement of a "like kind and quality" item at then-current prices. All of this assumes that the fire was a covered cause of loss and that the insurer asserts no coverage defenses.
When items are 6 percent off means the cost of the item is?
To calculate it you multiply your cost by 0.94 If the cost is $100, then the price is $94
Calculate the total cost of items that cost 25.67 with a 6 percent city sales tax and a 1.65 percent county sales tax?
27.63
Calculate the total cost of items that cost 25.67 before tax with a 7.65 percent sales tax?
25.67 times 1.0765 is equal to your answer, about 27.63
How do you calculate the lower quartlie of a data set?
By using the basic definition of a quartile. Sort the data, count how many there are in total, then count off one quarter of that. For example, if you have 80 data items, count off the first 20 items (after sorting).
