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ivolga24 [154]
3 years ago
13

Budgets are designed for no other reason than to restrict you and your spending.

SAT
1 answer:
masha68 [24]3 years ago
5 0
No its not true because budget is designed to have plans in the future like spending on something valuable
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A private pilot wishes to insure his airplane for ​$. The insurance company estimates that a total loss will occur with probabil
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The premium that the insurance company should charge each year to realize an average profit of ​$​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

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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.

Learn more about insurance premium here:brainly.com/question/24441770

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3 years ago
Which of these represents a reason eugene talmadge did not support the new deal programs of president franklin roosevelt?.
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Explanation:

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which of these solutions has the highest concentration of h+?solution a, ph = 12.5solution b, ph = 7.0solution c, ph = 2.5
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