Monte Lion is driving home from work late at night and is si…

Monte Lion is driving home from work late at night and is side swiped by a teenager, Polly Khan, who was driving too fast. Polly’s parents carry the minimum liability limits for their state of $50,000 per person.  Monte has $[med],000 worth of medical bills.  Monte does have his own auto policy with $250,000 of uninsured/underinsured motorist coverage.  If Monte’s policy will pay for his costs under the uninsured/underinsured motorist coverage, how much will the insurance company pay?

Evelyn owns a fund that has a contingent deferred sales char…

Evelyn owns a fund that has a contingent deferred sales charge that starts at 8% if held less than one year and reduces by 1% every year the fund is held. If she purchased the fund for $10,000 and wishes to sell it after 4 years for $20,000, what would the load be?