Trick question it grew exactly 2 cm since we don't know the value of d there can't be an outcome
Answer:
1. 8.5 x 10^8
2. 93/10000 - 4 x 10^12
3. 9.95 x 10^12
Step-by-step explanation:
Answer: The answer would be 398.5750
Step-by-step explanation: The ten thousandths place is the fourth digit to the right of the decimal.
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: