Mathematics, 25.02.2021 17:00 Kjcampbell2
9) Burger Prince Restaurant is considering the purchase of a $100,000 fire insurance policy. The fire statistics indicate that in a given year the probability of property damage in a fire is as follows: Fire Damage Probability $100,00 .006 $75,000 .002 $50,000 .004 $25,000 .003 $10,000 .005 $0 .980 Requested: a. If Burger Prince was risk neutral, how much would they be willing to pay for fire insurance? b. If Burger Prince has the utility values given below, approximately how much would they be willing to pay for fire insurance? Amount of Loss Utility $100,0 00 $75,00 0 30 $50,00 60 $25,00 85 $10,00 95 $5,000 99 $0 100
Answers: 1
Mathematics, 21.06.2019 15:00
1. a right triangle is graphed on a coordinate plane. find the length of the hypotenuse. round your answer to the nearest tenth. 2. use the angle relationship in the figure below to solve for the value of x. assume that lines a and b are parallel and line c is a transversal.
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Mathematics, 21.06.2019 15:30
What is the volume of a rectangular prism that is 120 centimeters by 2 meters by 1.5 meters in cubic meters?
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Mathematics, 21.06.2019 18:00
Which shows the correct lengths of side c in both scales? scale 1: 45 m; scale 2: 60 m scale 1: 60 m; scale 2: 45 m scale 1: 36 m; scale 2: 27 m scale 1: 27 m; scale 2: 36 m mark this and return save and exit
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Mathematics, 21.06.2019 19:30
Jada has a meal in a restaurant she adds up the prices listed on the menu for everything they ordered and gets a subtotal of $42.00. after tax the total is 45.99. what percentage of the subtotal is the total?
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9) Burger Prince Restaurant is considering the purchase of a $100,000 fire insurance policy. The fir...
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