Mathematics

Dulce Adams

29 July, 02:16

Brian wants to buy a motorcycle and is planning to get motorcycle insurance. Suppose the average accident rate is 0.1, and the average expenses incurred on accidents is $38,000. The insurance plan has a yearly premium of $1,000 and a deductible of $4,000.

If after 4 years of insuring 100 people, 9 motorcycle drivers had an accident, where does the company stand after money has been taken in and paid out for this group of 100 insured people?

$85,500

-$36,000

$94,000

$58,000

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “Brian wants to buy a motorcycle and is planning to get motorcycle insurance. Suppose the average accident rate is 0.1, and the average ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

the measures of 2 angles are (5x+24) and (9x-7). what is the value of x if these angles are congruent?

Bottle contains 150% of water how much water will there be

Two dice are rolled. What is the probability that the sum of the numbers is exactly 10? What is the probability that the sum of the numbers is at least 10?

There are 15 yellow and 35 orange balls in a basket. How many more yellow balls must be added to make the yellow balls 65% in the basket?

Elijah wants to conduct a survey as to whether music CDs should be added to the items sold in the school store. Which sampling method will offer Elijah the best results? Interview every student in the school band.

New Questions in Mathematics

What is the height of a triangle whose base is 8.6 centimeters and whose area is 79.12 square centimeters? round to the nearest tenth

Tanya likes to take walks around the pentagonal garden at her local park. The garden on the left has congruent sides. If Tanya starts at one vertex of the pentagon and walks all the way around the garden, how far has she walked in total?

The surface area of a rectangular prism is found using the formula SA = 2 (lw + lh + wh), where l is length, w is width, and h is height. What is the surface area (in square meters) of a rectangular prism with length 5 m, width 12 m, and height 6 m?.

If you are given the graph of h (x) = log Subscript 6 Baseline x, how could you graph m (x) = log Subscript 6 Baseline (x + 3) ?

Solve: y=-3x+5 5x-4y=-3