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.
Learn more about insurance premium here:brainly.com/question/24441770
Answer: The goals were
ensure citizenship and civil liberties , Provide economic , and Provide education opportunities for former slaves
Explanation:civil right act in 1866
Here are some aware, active, compassionate, conscious, receptive, sensible, sensitive, susceptible, and sympathetic. Hope this helps! ;D
Answer:
Delete any request for personal information or passwords. Nobody should be contacting you for your personal information via email unsolicitedly. ...
Reject requests for help or offers of help. ...
Set your spam filters to high. ...
Secure your devices. ...
Always be mindful of risks
<span>The Aspire test is taken by students in: third through tenth grade.</span>
