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qaws [65]
3 years ago
11

A 37-year old individual purchases a life insurance policy of $95,000 for an annual payment of $250. based on a insurance report

, the probability that an individual is in a life threatening accident this year and survives is 0.999063. find the expected value of the policy for the insurance compan
Business
2 answers:
Sergeeva-Olga [200]3 years ago
8 0

Answer:Expected value = - 94661.45

Explanation:

The Policy pay out is $95000 ,if a client is in life threatening accident insurance company will loose $95000, if the client is not in a life threatening accident the insurance company will gain $250

Probability (Client is in a threatening accident) = 0.999063

Probability (not in a life threatening accident)= 1 - 0.999063 = 0000937

Insurance Premium = $250

Insurance Payout = $95000

expected value = 0.999063 x (- (95000 - 250)) + 0.000937 x (250)

expected value = 0.999063 x (-94750) + 0.000937 x (250)

expected value = - 94661.21925 + 0.23425 = - 94661.44675

expected value = - 94661.45

Archy [21]3 years ago
3 0

Answer:

$160.75

Explanation:

the expected value of the policy will = (premium x probability of surviving) - (policy benefits x probability of dying)

the probability of surviving = 0.999063

the probability of dying = 0.000937

policy's expected value = ($250 x 0.999063) - ($95,000 x 0.000937) = $249.77 - $89.02 = $160.75

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For users at home, which file sharing is most likely the simplest to set up and use?
Butoxors [25]

Answer:

Home-group sharing

Explanation:

The Home-group is a group of Windows computers and devices connected to the same LAN or local area network, that can share content and connected devices with each other. For instance, computers that are part of the same Home-group can share pictures, music, videos, documents and printers with each other.

The Home-group is a feature that was first introduced in Windows 7 and is also present in Windows 8.1 and in Windows 10.

The idea behind the Home-group is simple: to provide an easy way for sharing libraries, folders and devices on small networks such as that from your home. Accessing stuff that's shared with the Home-group is easy and doesn't require users to type in usernames and passwords.

6 0
4 years ago
Production costs chargeable to the Finishing Department in May at Kim Company are materials $7,700, labor $19,700, overhead $18,
kenny6666 [7]

Answer and Explanation:

The computation of the unit cost for material and conversion cost is shown below:

Material Cost per Unit is

= Total Material Cost ÷  Equivalent Units for Materials

,= ($7,700 +  $66,801) ÷ (20,300 units)

= $3.67 per unit

And, the conversion cost per unit is

= (labor cost + overhead cost) ÷ equivalent units for conversion

= ($19,700 + $18,289) ÷ 18,900 units

= $2.01 per unit

5 0
3 years ago
Dimitri owns stock in a u.s. publicly traded company. as a stockholder, dimitri is a(n) ______ of the corporation.
Monica [59]

Based on the fact that Dimitri owns stock in a company in the United States which is publicly traded, he is a stockholder which makes him an <u>owner </u>of the corporation.

<h3>What is Dimitri to the company?</h3>

Dimitri is considered to be an owner of the company because owning a share in a company means that you have ownership rights to their stock.

This is called equity ownership and it is the type of ownership that is seen with publicly traded companies such as the one that Dimitri bought shares in.

Because he is a shareholder and therefore an owner, Dimitri has the right to attend annual general meetings and voice his opinion. He also stands to make a capital gain if the share price of the corporation rises.

In conclusion, Dimitri is an owner.

Find out more on publically traded companies at brainly.com/question/14227507

#SPJ1

3 0
2 years ago
Money is to an economy what language is to communication. What does this statement mean?
Tasya [4]

Answer:

What does economy of language mean?

Explanation:

The economics of language is an emerging field of study concerning a range of topics such as the effect of language skills on income and trade, and the costs and benefits of language planning options, preservation of minority languages, etc. Language can be an expression of symbolic power.

8 0
3 years ago
Fern invested $6400 into a continuously compounded account with an interest rate of 1.5%. After 10 years, how much is the accoun
777dan777 [17]

Answer:

FV= $7,435.74

Explanation:

Giving the following information:

Initial investment= $6,400

Interest rate= 1.5%

Number of periods= 10 years

<u>To calculate the value of the account in ten years, we need to use the following formula:</u>

FV= PV*e^(i*n)

FV= 6,400*e^(0.015*10)

FV= $7,435.74

6 0
3 years ago
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