Answer:
I believe the second one
Step-by-step explanation:
Because it's angles are all less than 90 degrees so it could be an acute triangle. I am sorry if it is wrong.
I think that C would be the best answer because you have to multiply and then divide.
Asa you start at the angel when it’s marked and then you move to the right. it’s simple when you understand.
Answer:
The question is about the least amount to charge each policyholder as premium
The least premium is $484
Step-by-step explanation:
The least amount of premium to charge for this policy is the sum of the expected values of outcome of both instances of policyholder dying before the age of 70 and living after the age of 70 years
expected value of dying before 70 years=payout*probability=$24,200*2%=$484
Expected of living after 70=payout*probability=$0*98%=$0
sum of expected values=$484+$0=$484
Note that payout is nil if policyholder lives beyond 70 years
The premium of $573 means that a profit of $89 is recorded
