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3 years ago

The courts and equal employment opportunity guidelines have mandated that performance measurements be based on

Business

1 answer:

iVinArrow [24]3 years ago

4 0

A check list should be base on past problems.

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An insurance policy sells for $1200. Based on past data, an average of 1 in 100 policyholders will file a $10 comma 000 clai

Tanzania [10]

Answer:

Expected Value = $740

Expected profit = $22.2m

Explanation:

We can easily calculate the expected value and expected profit/loss in this situation by some minor working

Expected values = Expected Claim - per policy cost

Expected profit/loss = (Expected claim - per policy cost) x number of policies

As you can see per policy cost and no of policies are given in the question data we just need to find expected claim for calculation of expected profit or loss and expected value

Expected Claim = (1/100x$10,000)+(1/250x$40,000)+(1/400x$80,000)

Expected Claim = 100 + 160 + 200

Expected Claim = 460

Now we have a value of expected claim lets put it into Expected profit/loss formula and expected value formula

Expected value = 460-1200

Expected value = -740

-$740 is the value per policy

Expected profit/loss = (460 - $1200 per policy) x 30,000

Expected profit or loss = -22,200,000

Expected loss to the customer = -$22.2 m

Expected profit for the company = $22.2m

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3 years ago

You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th

lara [203]

Answer:

E. You should accept the $200,000 because the payments are only worth $195,413 to you today

Explanation:

We solve for the presnet value of an annuity of 20 year of $1400 at 0.5% discount rate

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 1,400.00

time 240 (20 years x 12 month per year)

rate 0.005 (6% / 12 monhts = 0.5% = 0.5/100 = 0.005)

$1400 \times \frac{1-(1+0.005)^{-240} }{0.005} = PV\\$

PV $195,413.0804

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3 years ago

hello are anyone there with free time on there hands i need friends and dont go if i dont answer because my mom is well a mom an

Troyanec [42]

Answer:

ello

Explanation:

I'll be your fren if that's what cha asking :^

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2 years ago

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Discuss Two social factors that may contribute to unemployment in South Africa amongst the youth?

elena55 [62]

Some of the social factors that have led to unemployment in South Africa amongst the youth are:

High population growth.
High poverty rates.

As a result of high population growth, the number of youth in South Africa has increased to a point where getting jobs for all of them is quite difficult.

High poverty rates also mean that a lot of the youth are unable to afford a tertiary education which means that they are unable to get the qualifications needed for a job.

Find out more on factors leading to unemployment at brainly.com/question/305041.

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2 years ago

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State two reasons why people work

Hunter-Best [27]

Answer:

earn money, make a change, fulfill their dreams

Explanation:

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3 years ago

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