Discussion Post: Economics
In 250 words or more, answer the following.
Insurance companies willingly take on our risks for a fee. Give an example of a risk that you or someone else has chosen to insure.
How could you use your technology skill and Microsoft Excel to organize, analyze, and compare data to decide if a specific insurance is a good value for the example you gave? Think about the cost and consequences of not having insurance versus the cost of the insurance over time.
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.