Thursday
April 17, 2014

Homework Help: Stor

Posted by ami on Thursday, October 4, 2012 at 1:13pm.

It would be quite risky for you to insure the life of a 25-year-old friend . There is a high probability that your friend would live and you would gain $875 in premiums. But if he were to die, you would
lose almost $100,000. Explain carefully why selling insurance is not risky for
an insurance company that insures many thousands of 25-year-old men.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

economis - There are 100 workers in the economy and all must choose to work ...
Writing 5 - Part V: Word choice In this section of the final, write the letter ...
economics - As an investor you are faced with two choices investing in a risky ...
MATH_ALGEBRA - The price to cover ornaments is a fixed amount plus a percentage ...
Biology - What additional measures are being made to insure the preservation of ...
Biology - 1 What is the organelles that package and stor proteins (2 words) ?
english - I have a Question about The Merchant of Venice By william shakspear. ...
Speech/english - ok my topic is If you could do anything without getting in ...
MATH - THE MEAN PRICE OF DIGITAL CAMERAS AT AN ELECTRONIS STOR IS $224, WITH A ...
health - Why risky sex is a serious matter?

Search
Members