1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivenika [448]
3 years ago
7

Assume that the probability of a driver getting into an accident is 6%, the average cost of an accident is $16,586.05, and the o

verhead cost for an insurance company per insured driver is $100. What should be this driver's insurance premium?
A. $1276.27
B. $1095.16
C. $1156.43
D. $1166.91
Mathematics
1 answer:
OLEGan [10]3 years ago
3 0
If p = 0.06 represents the probability that a customer will suffer an accident, and each accident costs the insurance company an average of $ 16,586.05.   Then, the expected value of the cost that the insurance company must pay for each driver is:
 $ 16,586.05 * 0.06 = 995,163. This plus the general cost of an insurance company per insured driver that is $ 100 gives a total of $ 1095,163. The answer is option B. The insurance company must request a premium of $ 1095.16
You might be interested in
Select all the equations on which the point (10,0) lies
lora16 [44]
There is no answer choices
5 0
3 years ago
Read 2 more answers
Ethan earns $10 every hour for walking Ms. Barn's two dogs, plus an additional $7
MatroZZZ [7]
H=hour
10h+7=32 would be the best equation. Hope this helps!
3 0
3 years ago
How to simplify 4(2a)+7(-4b)+(3×c×5)
maw [93]
→ Solutions

⇒ Simplify <span><span><span>4<span>(<span>2a</span>)</span></span>+<span>7<span>(<span>−<span>4b</span></span>)</span></span></span>+<span><span>3c</span><span>(5)</span></span></span><span>⇒ </span><span><span><span><span><span>8a</span>+</span>−<span>28b</span></span>+<span>15<span>c

Answer
 </span></span></span></span><span>⇒ </span><span>8a−28b</span><span>+</span><span>15c</span>
5 0
3 years ago
Read 2 more answers
Can someone help me on 2/3-3/8 show work
Nat2105 [25]

Answer:

It is 7/24

Step-by-step explanation:

So first you want a common denominator so we have to find the least common multiple of 3 and 8, which is 24.

Next you have to multiply the same to the numerator, I usually go by the phrase whatever you do to the bottom you do to the top. So 8 times 2 is 16 and 3 times 3 is nine.

Everything changed should be 16/24-9/24

then we do 16-9 is 7 and you never subtract the denominators so 2/3-3/8 is 7/24

8 0
3 years ago
A bag has 14 yellow Marbles and 6 red marbles half of the red marbles are made of plastic a marble is selected at random from th
ivolga24 [154]

Answer:

There is a 3/20 chance that a red plastic marble will be taken out on random.

Step-by-step explanation:

This is because there are 14 yellow marbles, and 6 red marbles. Along with this, half of the red marbles are made out of plastic. This leaves 3/6 of the red marbles made out of plastic. When combined with the yellow marbles, you'll add 14 to the denominator, since there are 14 yellow marbles. (Red + Yellow = Total Number Of Marbles) This leads to a total count of 3 marbles of the 20 total marbles, being red and made out of plastic.

6 0
3 years ago
Other questions:
  • joanne buys a rectangular rug with an area of 35/4 square meters. The length of the rug is 7/2 meters. What is thw width, in met
    9·1 answer
  • Among the following, an incorrect statement is a) the volume of the hollow sphere =4/3π (r^3—r^3), where r is the radius of the
    13·1 answer
  • Round six point nine five to one decimal place
    14·2 answers
  • 5. Marcos obtains a mortgage for $350,000 with the following terms:
    12·2 answers
  • Which of the following constructions show the construction of an incircle
    14·1 answer
  • A catering company uses different functions to estimate the itemized costs for a party. The table below represents the included
    10·1 answer
  • An unbalanced scale with 8 blocks on the left side of the scale and 3 blocks on the right side of the scale
    8·1 answer
  • What is the equation of the line in slope-intercept form?
    13·1 answer
  • Write a unit rate for the situation.<br><br> 228 students in 12 classes
    8·2 answers
  • 1. 4x-3(2x+6)=-38<br>and<br>2. 27=-3x-6(-2x-21)<br>Solve for X​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!