18 Select the correct answer.
Which statement best describes the term insurance?
O A.
It is a protection that guarantees to pay you in the event of losing your job.
B.
It is a protection that guarantees to pay you in the event of financial losses.
It is a protection that you need to pay for when you suffer financial losses.
OC.
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Poext

B.

It is a protection that guarantees to pay you in the event of financial losses.

Step-by-step explanation:

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.

Just going through to help people :D

answer: h

step-by-step explanation:

$655.61 which is option c

step-by-step explanation:

price of house =   $146,000

initial rate = 3.5%

mortgaged paid in this = 3.5 % of $146,000

                                        =

                                        =$5110

the total years would be = 7

total mortgaged paid = 7 * $5110

                                      =$35770

remaining money = $146000-35770

                                =$110230

new mortgaged payment = 5 % of 110230

                                            =  

                                            =$655.61