Based on a life insurance company's past data, each year an average of 1/90 policy holders
mak...
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Mathematics, 18.10.2020 04:01 shaeby13
Based on a life insurance company's past data, each year an average of 1/90 policy holders
make a claim of $250; 1/100 policy holders make a claim of $12,000, and 1/400 make a claim
of $17,000. What would the insurance company have to charge per policyholder to break
even?
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