Answer:
1. 2/5
2.no
Step-by-step explanation:
thank you come again
Answer:
You can buy 5 boxes of staples
Step-by-step explanation:
3.45 divided by $.60 is 5.75 and u cannot get .75 boxes of staples so it rounds to 5.
Step-by-step explanation:
it's simple:
- 8 tens + 19ones = 9 tens + 9 ones
- 8 tens + 2 ones =7 tens+12 ones
- 7 tens +25 ones = 9 tens + 5 ones
- 70+11=80+1
- 50+13=60+3
- 90+13=100+3
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:
