Mathematics, 08.10.2019 06:00 Alex9089435028

Apotential customer for a $60,000 fire insurance policy possesses a home in an area that, according to experience, may sustain a total loss in a given year with probability of 0.001 and a 50% loss with probability 0.01. ignoring all other partial losses, what premium should the insurance company charge for a yearly policy in order to break even on all $60,000 policies in this area?

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 22.06.2019 00:00, xojade

Maci and i are making a small kite. two sides are 10". two sides are 5". the shorter diagonal is 6". round all your answers to the nearest tenth. 1. what is the distance from the peak of the kite to the intersection of the diagonals? 2. what is the distance from intersection of the diagonals to the top of the tail? 3. what is the length of the longer diagonal?

Answers: 3

continue

Mathematics, 22.06.2019 01:00, rexerlkman4145

Mia’s gross pay is 2953 her deductions total 724.15 what percent if her gross pay is take-home pay

Answers: 2

continue

Mathematics, 22.06.2019 01:30, hayleegahr

Which term describes the point where the perpendicular bisectors of the three sides of a triangle intersect?

Answers: 3

continue

Mathematics, 22.06.2019 05:00, kdtrillz

Chase is working to earn money for a cd player. on saturday, he earned half as much as he did on sunday, but twice as much as he did on friday. during the 3 days, he earned $70.00. how much did he earn each day?

Answers: 1

continue

You know the right answer?

Apotential customer for a $60,000 fire insurance policy possesses a home in an area that, according...