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Mathematics, 14.06.2020 07:57 levicorey846
Suppose a company charges an annual premium of $475 for a fire insurance policy. In case of a fire claim, the company will pay out an average of $100,000. Based on actuarial studies, it determines that the probability of a fire claim in a year is 0.004. What is the expected annual profit of a fire insurance policy for the company?
$
What annual profit can the company expect if it issues 1000 policies?
$
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Mathematics, 22.06.2019 01:30, OinkFred
20 points for the answer. this is for real , don't put random ! a rectangle has a length of 4 centimeters and a width of 7 centimeters. what is the effect on the perimeter when the dimensions are multiplied by 5? the perimeter is increased by a factor of 5. the perimeter is increased by a factor of 20. the perimeter is increased by a factor of 25. the perimeter is increased by a factor of 100.
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