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30 December, 06:00

Assume that the probability of a driver getting into an accident is 8.6%, the

average cost of an accident is $16,886.05, and the overhead cost for an

insurance company per insured driver is $115. What should the driver's

insurance premium be?

A.$1166.91

B.$1565.48

C.$1442.99

D.$1276.27

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Answers (2)
  1. 30 December, 06:24
    0
    the answer is most likley e
  2. 30 December, 08:41
    0
    Answer: C. $1565.48
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