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Author Question: An insurance company plans to sell a $200,000 one-year term life insurance policy to a 60-year-old ... (Read 108 times)

DelorasTo

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on: May 5, 2020
An insurance company plans to sell a $200,000 one-year term life insurance policy to a 60-year-old female. Of 2.5 million females having similar risk factors, the company estimates that 5000 of them will die in the next year. What is the premium that the insurance company should charge if it would like to make a profit of $150 on each policy?
◦ $400 per policy
◦ $550 per policy
◦ $40 per policy
◦ $190 per policy
◦ $250 per policy
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
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Marked as best answer by DelorasTo on May 5, 2020

enass

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Reply #1 on: May 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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DelorasTo

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Reply 2 on: May 5, 2020
Great answer, keep it coming :)

bitingbit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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