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just olya [345]
3 years ago
15

Brian wants to buy a motorcycle and is planning to get motorcycle insurance. Suppose the average accident rate is 0.1 and the av

erage expenses incurred for accidents is $38,000. If an insurance plan has a yearly premium of $1,000 and a deductible of $4,000, the expected value per accident to each insured motorist is -$ and the expected value per accident-related claim to the insurance company for every customer is -$ .
Mathematics
1 answer:
goldfiish [28.3K]3 years ago
3 0

Answer:

Step-by-step explanation:

$1,200 and $409

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