761,994 would be the answer to 763,994 - 2,000
Answer:
-$500
Step-by-step explanation:
The expected value of a payment from the policy is ...
$500,000 × 0.002 = $1000
Since the business pays $1500 for the policy, the expected value to the business is ...
$1000 - 1500 = -$500 . . . per year
_____
Of course, the expected value to the insurance company is $500 per year.
_____
We have computed on the basis of 1 claim per year. If we consider the possibility of multiple independent claims, then the expected payment from the insurance goes up by a factor of 1/(1 -0.002) ≈ 1.002004008016.... This has the effect of increasing the expected value by $2.00 per year to -$498.
Answer:
The volume is 81 m³.
Step-by-step explanation:
This is the right rectangular prism which dimensions are:
W = 3 m , L = 4.5 m , H = 6 m
The volume of the prism:
V = W * L * H
V = 3 m * 4.5 m * 6 m = 81 m³
Answer:
It is False
Step-by-step explanation:
16>17 is not a true statement.
Standard form of 2.3476 E12 is 2347600000000
