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?
$

Step-by-step explanation:

1)

the expected annual profit of a fire insurance policy for the company is

475-(100000*0.004)=475-400=75$ of average profit

2)

thus, the expected annual profit of the fire company from 1000 advanced policies is

75*1000=75000$

answer: the answer is 30 miles per hour.

ft/s -> mphmph = ft/s 1.466667mph = 44 divided by 1.466667mph = 30.00000

- r3ktforgood ☕

add -60 to 120 which will result in : 2x+3y=180

then subtract 2x: 3y=-2x+180

lastly, divide by 2: y= -2/3x+60

hope this is the answer you're looking for: )