There is a 0.99968 probability that a randomly selected 30-year-old female lives through the year. An insurance company wants to offer her a one-year policy with a death benefit of $900 comma 000. How much should the company charge for this policy if it wants an expected return of $500 from all similar policies?

Question

30-06-2024
Mathematics

Answered

Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

There is a 0.99968 probability that a randomly selected 30-year-old female lives through the year. An insurance company wants to offer her a one-year policy with a death benefit of $900 comma 000. How much should the company charge for this policy if it wants an expected return of $500 from all similar policies?

Sagot :

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.

As part of a physics lab activity, Kaden rode a skate around the campus parking lot. The data obtained was: Segment Time taken rode north for 43.0 meters 63.0

Type the correct answer in the box. Use numerals instead of words.An arc of circle M has a length of 32 centimeters, and the corresponding central angle has a r

Let A be a 2 × 2 matrix with real entries such that zero is the only solution of the equation det(A -xI) = 0. Then 1. A^2 = 0 2. A = I 3. A^2 = A 4. A = 0

ay(a)In a math class, students have a project to make a model of a tent shaped like a cone. Theteacher says the tent's bottom radius compared to its slanted sid

Edward Salib owned a donut shop. To attract customers, he displayed large signs in his store window. The city ordered him to remove the signs because they vio-

Which of the following provides the most appropriate environment for residents with dementia

Ractical and normative science, based on reasons, which studies human acts & provides norms for their goodness and badness.

This table represents a quadratic function with a vertex at [tex]$(1,1)$[/tex]. What is the average rate of change for the interval from [tex]$x=5$[/tex] to [te

You are the guest services manager for a mid-size hotel chain located in a downtown city. There is a large business group coming into town for a conference. The

Simone, the CEO of a hospital, wants to appear authoritative, so Simone sits behind a large oak desk facing subordinates when they come to speak with Simone. Wh

Sagot :

Other Questions