Ask Question
6 December, 17:34

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

+5
Answers (1)
  1. 6 December, 21:10
    0
    A. $699.01

    Step-by-step explanation:

    130 = x - (0.042) (13547.92)

    x = 699.01
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “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 ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers