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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Neptune’s axis of rotation is tilted 28 degrees with respect to the plane of its orbit around the Sun, which is similar to the axial tilts of Mars and Earth. This means that Neptune experiences seasons just like we do on Earth; however, since its year is so long, each of the four seasons lasts for over 40 years.
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B. National Association for Health Professionals
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The first one is D the second one is false.