It will be charged 5 times
Answer:
$475
Step-by-step explanation:
There are 3 possible accident in this question
3% chance of losing $2000
0.1% chance of losing $150,000
96.9% chance of losing $0
Then the expected value that you will lose is:
3%* $2000 + (0.1% * $15000) + (96.9% * $0)= $75
Profit made by subtracting the price with the lose. If the company want average profit $400, the charge should be:
average profit = premium price - average lose
premium price= average profit + average lose
premium price= $400 + $75 = $475
Answer:6
Step-by-step explanation:
Answer:
12.56 in squared
Step-by-step explanation:
the formula for area is radius x radius x pi
So you do 2x2x3.14
(I would just do 4x3.14)
And then you get 12.56
Answer:
a1
Step-by-step explanation:
Just add the numerators if both fractions to get: a + 1 = a1
