Answer:
$475
Step-by-step explanation:
There are 3 possible accident in this question
3% chance of losing $2000
0.1% chance of losing $150,000
96.9% chance of losing $0
Then the expected value that you will lose is:
3%* $2000 + (0.1% * $15000) + (96.9% * $0)= $75
Profit made by subtracting the price with the lose. If the company want average profit $400, the charge should be:
average profit = premium price - average lose
premium price= average profit + average lose
premium price= $400 + $75 = $475
Answer:
8
Step-by-step explanation:
5 + 7 = 12
48 / 12 = 4
5 x 4 = 20
7 x 4 = 28
There are 8 girls more than boys
Answer:
-A credit card can be easy to over spend on.
-allows you to build up more debt than you can handle.
-damages your credit score if your payments are regularly late or you don't repay.
-costs much more than some other forms of credit, such as a line of credit or a personal loan, when interest charges are incurred.
Answer:
Except 4 out of 6
the answer is the third one
