subject
Business, 27.08.2019 00:30 vavery61

If a life insurance company sells a $240,000 life insurance policy with a one year term to a 25-year old lady for $210, the probability that she survives the year is .999592. find the expected value of this policy for the insurance company?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:10
Teller co. is planning to sell 900 boxes of ceramic tile, with production estimated at 870 boxes during may. each box of tile requires 44 pounds of clay mix and a quarter hour of direct labor. clay mix costs $0.40 per pound and employees of the company are paid $12.00 per hour. manufacturing overhead is applied at a rate of 110% of direct labor costs. teller has 3,900 pounds of clay mix in beginning inventory and wants to have 4,500 pounds in ending inventory. what is the total amount to be budgeted for manufacturing overhead for the month?
Answers: 1
question
Business, 22.06.2019 04:30
How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )
Answers: 3
question
Business, 22.06.2019 10:30
6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next
Answers: 2
question
Business, 22.06.2019 12:40
Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.
Answers: 3
You know the right answer?
If a life insurance company sells a $240,000 life insurance policy with a one year term to a 25-year...
Questions
question
Mathematics, 20.08.2019 06:00
question
Mathematics, 20.08.2019 06:00
question
Biology, 20.08.2019 06:00
question
English, 20.08.2019 06:00
question
Mathematics, 20.08.2019 06:00
Questions on the website: 13722363