Answer:
That is very nice. I like steel factory's that manufacture and sell steel beams, they are my favorite!! :]
The question is bland...
And honestly what even is the question?
Step-by-step explanation:
I'll help but explain the question further
Answer:
21.7
Step-by-step explanation:
divide
The first one is 0.97 the second one is 6
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:
