The premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
First step is to calculated the expected amount to pay
Expected amount=Total loss +50% loss+25% loss
Expected amount=$200,000(0.002)(1)+$200,000(0.01)(0.5)+$200,000(0.1)(0.25)
Expected amount=$400+$1,000+$5,000
Expected amount=$6,400
Second step is to calculate the premium
Premium=Expected amount+ Average profit
Premium=$6,400+$500
Premium=$6,900
Inconclusion the premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
Learn more about insurance premium here:brainly.com/question/24441770
Answer:
0.25
Explanation:
Since line AB = 5*sq root of 2, that tells us triangle ADB is an isoceles right triangle with legs=5. Therefore, triangle ACD is also an isoceles right triangle and so angle ACD (or B) = 45 degrees. One radian = 180/pi or 57.2958. Therefore angle ACB in radians is 45/57.2958 = .7854 = H*Pi. So H = .7854 / Pi = .7854 / 3.14159 = .0.25
Answer:
Food is essential for the survival of living organisms. It provides us with energy to carry out daily activities and develop, grow and repair our body parts in case of any damage.mark as branilist
Answer
True
Explanation
The data from the Florida Crash Reports and annual registrations and licensure numbers indicate that in 2004, 416 motorcyclists died in Florida while in 2008 the number reached 532.In 2008, 55 % of the fatalities were wearing helmets, while 35% were with no helmet. The Florida Rider Training Program (FRTP) is an effort established to educate the public on fatalities in motor cycle fatalities.
I am going to take a guess C