Angela Has Just Received an Insurance Settlement of $35,000

question 35

Multiple Choice

Angela has just received an insurance settlement of $35,000.She wants to save this money until her daughter goes to college.If she can earn an average of 5.5 percent,compounded annually,how much will she have saved when her daughter enters college 10 years from now?

• A)$48,000.00
• B)$50,929.02
• C)$51,374.89
• D)$59,875.06
• E)$59,785.06

Understand the application of negligence principles in specific scenarios and how personal characteristics or conditions might alter legal standards.

Grasp the legal implications of special circumstances such as emergencies and voluntary actions in assessing negligence.

Acknowledge the potential outcomes and defenses in negligence cases, including the role of damages and the concept of assumption of risk.

Interpret the impact of foreseeable and unforeseeable intervening causes on negligence liability.