The premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
First step is to calculated the expected amount to pay
Expected amount=Total loss +50% loss+25% loss
Expected amount=$200,000(0.002)(1)+$200,000(0.01)(0.5)+$200,000(0.1)(0.25)
Expected amount=$400+$1,000+$5,000
Expected amount=$6,400
Second step is to calculate the premium
Premium=Expected amount+ Average profit
Premium=$6,400+$500
Premium=$6,900
Inconclusion the premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
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The people of Aad were an ancient tribe of Saudi Arabia. Their city was known as Iram. The tribe was popular for its cleverness and physical strength and therefore, they are also called giants. They were so strong and intelligent that they could carve mountains and use it as their homes. , the Thamūd were the successors of a previous nation called the ʿĀd, who had also been destroyed for their sins. They lived in houses carved into the surface of the earth. God chose the prophet Ṣāliḥ to warn the polytheistic Thamūd that they should worship the One God.
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One of the disadvantages of watching the scene rather than reading it is the difficulty in interpreting the movements in the absence of stage directions.
<h3>What are stage directions?</h3>
- They are instructions.
- Show how actors must express their characters through movements and behaviors.
- They show how the scenario should be set.
The stage directions shown in the text above show how actors should move through stage directions. This is shown in detail and specifies that it can be missed if the scene is watched and not read.
More information on stage directions is at the link:
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