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4 February, 11:07

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

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Answers (1)
  1. 4 February, 14:00
    0
    A. $699.01

    Step-by-step explanation:

    130 = x - (0.042) (13547.92)

    x = 699.01
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