The answer i got was
-8+4r
Answer:
$475
Step-by-step explanation:
There are 3 possible accident in this question
3% chance of losing $2000
0.1% chance of losing $150,000
96.9% chance of losing $0
Then the expected value that you will lose is:
3%* $2000 + (0.1% * $15000) + (96.9% * $0)= $75
Profit made by subtracting the price with the lose. If the company want average profit $400, the charge should be:
average profit = premium price - average lose
premium price= average profit + average lose
premium price= $400 + $75 = $475
Answer:
0.5
Step-by-step explanation:
hope this helps
A = pi times radius squared (radius is half the 16 inch diameter so 8 inches)
A = 3.14 x r^2
A = 3.14 x 8^2
A - 200.96 sq inches
