Assume that the probability of a driver getting into an accident is 4.2%, the
average cost of an accident is $13,547.92, and the overhead cost for an
insurance company per insured driver is $130. What should this driver's
insurance premium be?
A. $699.01
B. $56.90
C. $569.01
O D. $186.90
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Assume that the probability of a driver getting into an accident is 4.2%, the average cost of an accident is $13,547.92, and the overhead ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
6/6 as a sum of fractions three different ways
Answers (2)
Suppose one of three bells rings first each day. Each day the bells are rung in random order. What is the probability that the same bell rings first three days in a row?
Answers (1)
Joe has earned $400 doing yard work this week he charges $20 to mow a lawn and 10 hours to weed at garden FM is the number of lawns Jo Mo's and W is number gardens in weeds than the variables are related by the question 20M plus 10W equals 400 which
Answers (1)
Jeremy can spend no more than $105 on a jet ski rental. let x represent the number of additional 15-minute increments. fill in each box to write an inequality to represent the situation
Answers (1)
Future value = P * (1 + i) t Kate wants to have $25,000 in 16 years. How much does she need to invest if the interest rate is 6 percent per year?
Answers (1)
New Questions in Mathematics
Identify the two statements that contradict each other: A) Line FA || Line AC B) Line FA and AC are skew C) Line Fa and AC do not intersect
Answers (1)
The difference of 9 times a number and 2 is 67. Which equation below can be used to find the unknown number?
Answers (1)
We need to substitute these problem you can take first one to understand
Answers (1)
Which of the following situations can be represented by the absolute value of 10? Check all that apply. The temperature is 10 degrees below zero. Express this as an integer. Determine the size of Harold's debt if he owes $10.
Answers (1)
What is the median for this set of data 37 14 22 45 57 58 61 A) 41 B) 45 C) 46 D) 58
Answers (1)