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.
Learn more about insurance premium here:brainly.com/question/24441770
Glucose, which is a monosaccharide, is a carbohydrate produced through the photosynthesis process in plant leaves that contain the chloroplasts. The glucosethat plants do not use immediately is converted into larger molecules of glucoseand stored as starch for later use as an energy source. This is the main function of glucose in plants .
Answer:
i think its 10?
Explanation:
because 1/3 of 15 is 5 so 15-5=10
The Answer Is True. High-context cultures emphasize nonverbal messages.