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

Respuesta :

Answer:

A. $699.01

Step-by-step explanation:

130 = x − (0.042) (13547.92)

x = 699.01

Answer:

A.

Step-by-step explanation:

$699.01