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enyata [817]
3 years ago
8

Acasa Insurance Company offers two plans for home insurance. Plan A has a $750 yearly premium with a $3,000 deductible. Plan B h

as a $1,200 yearly premium with a $1,000 deductible. Last year, 20% of all policyholders made damage claims. The average claim amount was $6,500.
The expected value per claim for every customer who chooses plan B is $___
The expected value per claim for every customer who chooses plan A is $___
Mathematics
2 answers:
expeople1 [14]3 years ago
4 0
Plan A 
 Cust Cost = 3000 deductible + 750 yearly premium = $3750
 Acasa Cost = 6500 claim -3000 cust deductible -$750 cust yearly premium = $2750 cost to Acasa.
 Plan B 
 Cust Cost = 1000 deductible + 1200 yearly premium = $2200
 Acasa Cost = 6500 claim - 1000 cust deductible - 1200 cust yearly premium = $4300 cost to Acasa.
 answer
 The expected value per claim for every customer who chooses plan B is  $4300
 The expected value per claim for every customer who chooses plan A is $2750
navik [9.2K]3 years ago
3 0

Answer:

Step-by-step explanation:

I got A for -50 and B for -100

So anyone know the correct answer?

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$18.39 is what percent of $329.64?​
pickupchik [31]

18.39 is 5.58% of 329.64.

We have to find that 18.39 is what percent of 120?

First, make the assumption that 329.64 is 100% as it is our output value.

We next represent the value we seek with x, therefore

100% = 329.64                  

And, x% = 18.39                

Now, we get pair of simple equations

100% = 329.64                  ........(1)

x% = 18.39                         ........(2)

Now by simply dividing equation 1 by equation 2 and note of the fact that the LHS of both equations have the same unit (%);

100% / x% = 329.64 / 18.39

Taking the reciprocal of both sides, we get

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or x = 5.58%

Hence, 18.39 is 5.58% of 329.64.

To learn more about percentages, visit: brainly.com/question/14319057

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