Answer:
$119,703
Step-by-step explanation:
This question is easy, it is just $87,545 plus $32,158
The fraction you are looking for is expenses/earnings
So (2500+650+434)/3600
=224/225
If you want to turn this into a percentage just multiply by 100, to give you 99.56%.
Answer:
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Answer:
- 27.88
Step-by-step explanation:
Probability of earthquake = 0.0012
P(earthquake). = 0.0012
P(no earthquake) = 1 - p(earthquake) = 1 - 0.0012 = 0.9988
X ____ 60,000 ______ - 100
P(X) ___ 0.0012 _____ 0.9988
The expected value of the policy :
E(X) = Σx*p(x)
E(X) = (0.0012 * 60000) + (0.9988 * - 100)
E(X) = 72 - 99.88
E(X) = - 27.88
6y-27
Multiply 3 by everything inside the parenthesis
