Answer:
straight ?
Step-by-step explanation:
Answer:
1. The expected pay-out on each policy is 250 * 1/90 + 12000 * 1/100 + 17000 * 1/400 = $165. So that's what the premium would have to be in order to get a profit of 0.
2. The profit per policy is the premium the company receives minus the expected payout = 350 - 165 = $185.
3. The expected profit on 375 policies would be 375 * 185 = $69375
Step-by-step explanation:
Answer:
x >= 20
Step-by-step explanation:
Solve for x:
Start to isolate x by subtracting the 6 from both sides.
Then multiply 10 from each side.
After that, you would get x >= 20
Answer:
419,108 is divisible by 4
Step-by-step explanation:
419,108 is divisible by 4, if there is an integer 'n' such that 419,108 = 'n' × 4.
