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.
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Answer:
<em>A</em> best summarizes how climate change can affect the mass of migration of humans on earth
Study on what you have been learning, get a good night rest & eat well. Good Luck!!
Answer:
-56
Explanation:
From the equation:
0.75(x + 20) = 2 + 0.5(x - 2)
Open brackets
0.75x + 15 = 2 + 0.5x - 1
Collect like terms
0.75x - 0.5x = 2 - 1 - 15
0.25x = - 14
Divide both sides by 0.25
x = -56
Answer:
show the atomic number and atomic mass of cesium in your options
