Jenna bought a golf club that was marked down 20% from an original price of $75. If she paid 5% sales tax, what was the total co
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Answer:
The insurance company should charge $1,873.5.
Step-by-step explanation:
Expected earnings:
1 - 0.99813 = 0.00187 probability of the company losing $1 million(if the client dies).
0.99813 probability of the company earning x(price of the insurance).
What premium would an insurance company charge to break even on a one-year $1 million term life insurance policy?
Break even means that the earnings are 0, so:
The insurance company should charge $1,873.5.
Using it's concept, it is found that the probability that the selected student is wearing a black shirt is given by:
A probability is given by the <u>number of desired outcomes divided by the number of total outcomes</u>.
In this problem, we have that out of n + 6 + 9 = n + 15 students, n are wearing black shirts, hence the probability is given by:
More can be learned about probabilities at brainly.com/question/14398287
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