80% is the answer to ur question
56 57 and 58 are the three numbers that work
Answer:
1. The expected pay-out on each policy is 250 * 1/90 + 12000 * 1/100 + 17000 * 1/400 = $165. So that's what the premium would have to be in order to get a profit of 0.
2. The profit per policy is the premium the company receives minus the expected payout = 350 - 165 = $185.
3. The expected profit on 375 policies would be 375 * 185 = $69375
Step-by-step explanation:
Answer:
60
Step-by-step explanation:
60x60=3,600
Answer:
Hi I hope you have a wonderful day!!
Step-by-step explanation:
I hope this makes your day :))!
