Business, 06.05.2020 04:20 tonimgreen17p6vqjq
You work for a small insurance company. Your company is currently insuring 900 different cars for $10,000. If a car you are insuring gets in a crash you have to pay $10,000. Each car you insure has a 5% chance of crashing each year. If 50 cars you insure crash in a given year, you have to pay 50×$10, 000 = $500, 000 in insurance payouts that year.
What is the expected value of the amount your company would pay out?
Answers: 2
Business, 23.06.2019 02:30
For the year ended december 31, 2019, davidson mart had sales of $ 550 comma 000 and cost of goods sold of $ 412 comma 500. davidson estimates that approximately 2% of the merchandise sold will be returned. the adjusting journal entry on december 31, 2019, would include a
Answers: 3
Business, 23.06.2019 02:30
Do you think it ethical and appropriate for marshall to have used himself as a test subject and swallowed a sample of helicobacter pylori? what precautions did he take? would you do it? why or why not?
Answers: 1
Business, 23.06.2019 09:30
Although most economic contractions or recessions last sixteen months, the most recent recessionary period referred to as the great recession lasted
Answers: 1
Business, 23.06.2019 11:00
The – effect means tommy's – will shift because he has less purchasing power. as a result, he may choose the regular-size steak instead of the larger "hunter's portion" he prefers. the – effect means tommy may spend some of the money he saved by ordering the smaller steak to order a bigger salad.
Answers: 3
You work for a small insurance company. Your company is currently insuring 900 different cars for $1...
History, 31.12.2020 05:40
Computers and Technology, 31.12.2020 05:40
Biology, 31.12.2020 05:40
Physics, 31.12.2020 05:40
Computers and Technology, 31.12.2020 05:40
English, 31.12.2020 05:40
Biology, 31.12.2020 05:40
English, 31.12.2020 05:40
Mathematics, 31.12.2020 05:40
Arts, 31.12.2020 05:40
Biology, 31.12.2020 05:40
History, 31.12.2020 05:40
Mathematics, 31.12.2020 05:40