subject
Mathematics, 23.01.2020 19:31 kiekie1986

Acasa insurance company offers several plans for home insurance.

plan a has a $700 yearly premium with a $3,000 deductible.
plan b has a $1,200 yearly premium with a $1,000 deductible.

the average payout by the insurance company for a fire claim is $27,000. suppose 5% of the claims were for fire damage. what would acasa's expected value (loss or gain) be per customer who chooses plan a?

-$25,300
-$1,350
$850
-$500

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 13:00
Given tan∅=4/3 and π< ∅< (3π)/2; find cos2∅ a. -24/25 b. 24/25 c. -24/7 d. -7/25
Answers: 1
question
Mathematics, 21.06.2019 16:30
Which choice represents the sample space ,s for this event
Answers: 3
question
Mathematics, 21.06.2019 23:40
What is the equation, in point-slope form, of the line that has a slope of 6 and passes through the point (–1, –8)? a. y+8 = 6 (x+1 )
Answers: 1
question
Mathematics, 22.06.2019 00:30
You eat $0.85 for every cup of hot chocolate you sell. how many cups do you need to sell to earn $55.25
Answers: 2
You know the right answer?
Acasa insurance company offers several plans for home insurance.

plan a has a $700 yearl...
Questions
Questions on the website: 13722361