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aev [14]
2 years ago
9

Three planes intersect in Select one: O a. a plane O b. a point O c. a line segment

Mathematics
1 answer:
Arada [10]2 years ago
5 0

Answer:

a line segment ✓....,.........

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The question is about the least amount to charge each policyholder as premium

The least premium is $484

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The least amount of premium to charge for this policy is the sum of the expected values of outcome of both instances of policyholder dying before the age of 70 and living after the age of 70 years

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sum of expected values=$484+$0=$484

Note that payout is nil if policyholder lives beyond 70 years

The premium of $573 means that a profit of $89 is recorded

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