The premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
First step is to calculated the expected amount to pay
Expected amount=Total loss +50% loss+25% loss
Expected amount=$200,000(0.002)(1)+$200,000(0.01)(0.5)+$200,000(0.1)(0.25)
Expected amount=$400+$1,000+$5,000
Expected amount=$6,400
Second step is to calculate the premium
Premium=Expected amount+ Average profit
Premium=$6,400+$500
Premium=$6,900
Inconclusion the premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
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Answer:
I mean rubber protects you
Answer:
For example, the U.S. Census Bureau defines a family in the following manner: "A family is a group of two people or more (one of whom is the householder) related by birth, marriage, or adoption and residing together."
Explanation:
Based on the given information, the statement that La Mesa may not comply with, in his real estate broker is that he must only sell new mobile homes.
Mobile homes serves as large caravan or prefabricated structure that people use as a living accommodation.
And as a broker as regards to the question, he cannot only sell new mobile homes, he also sell old ones.
Therefore, option A is correct, because La Mesa may not comply with selling only new mobile homes as a real estate broker.
CHECK THE COMPLETE QUESTION BELOW.
La Mesa real estate broker Michael Hagans plans to begin listing or selling mobile homes. He must comply with all but one of the following statements. Which of these is NOT a requirement for Michael to list or sell mobile homes?a. He must only sell new mobile homes.b. He must only sell used mobile homes if they’ve been licensed by the California Department of Housing and Community Development.c. The mobile home must be capable of being transported over a road, with a hitch attached to the unit (or stored underneath it) and the axles attached to the frame.d. It is Michael’s responsibility to ensure the proper completion and delivery of the title to the buyer of the mobile
home.
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B. Keep cords and hoses away from heat, oil, and sharp objects.
You never carry an object by the cord no matter what the conditions are so that's why A and C are wrong
