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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or 5 lengths of 234 feet to be cut from a board, the board must have a length of at least 1170 feet.
Let x represent the total length of the board so as to allow for the cutting of 5 lengths.
Since each length needed to be cut is 234 feet, hence:
x = number of lengths × feet per board
x = 5 lengths × 234 feet
x = 1170 feet
Hence for 5 lengths of 234 feet to be cut from a board, the board must have a length of at least 1170 feet.
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Answer:
It was a time of foreign alliances and naval growth
Explanation:
Krypton (Kr) and bromine (Br) are Period 4 elements that are also called p-block elements. Krypton is a noble gas while bromine is a halogen.
While comparing the stability of the two elements, Krypton is more stable than bromine. This is because being a noble gas, Krypton follows the octet rule and maintains its stability. Bromine has 35 electrons and the outer most valence shell has 7 electrons so its unstable. Krypton has 36 electrons and 8 electrons in the valence shell so its stable.