Estimate the companys expected profit

Reference no: EM131418578

A 65-year-old woman takes out a $100,000 term life insurance policy. The company charges an annual premium of $520. Estimate the companys expected profit on such policies if mortality tables indicate that only 2.6% of women age 65 die within a year.

Reference no: EM131418578

Questions Cloud

What is the probability that you win the tv : What's the probability that the first person in line wins the TV?- You are the third person in line. What's the probability that you win the TV?

What sd has paid for the stone : What SD has paid for the stone? The sales team will want to prepare a sales order for existing customers and sell only diamonds that are in inventory.

Evaluate company''s cash management activities during year : From the following transactions, prepare a statement of cash flows for Emory Inc. in the proper form. The company began the year with a cash balance of $25,000. Describe and evaluate the company's cash management activities during the year.

Explain do you agree in given condition : The candidate then attacks the incumbent mayor, saying that there is an unusually low level of homeownership in the city. Do you agree? Explain.

Estimate the companys expected profit : The company charges an annual premium of $520. Estimate the companys expected profit on such policies if mortality tables indicate that only 2.6% of women age 65 die within a year.

Responsibilities of the human resources manager : Interview the Human Resources Manager for your department or for a department which you are interested. Find out about their job, what education prepared them for the position, and the key elements of their position.

Utilizing an interest based bargaining strategy : Sam expressed his concern that Mark had not fulfilled his promise from six months ago. Although the conversation remained civil, both Tim and Mark stood their ground. Briefly describe how you would help Tim resolve this matter utilizing an interes..

Create a comprehensive plan of care for acute-chronic care : You have been provided with case studies in that focused on genitourinary and musculoskeletal disorders. You will pick one of these cases to analyze and create a comprehensive plan of care for acute/chronic care, disease prevention, and health pro..

What is the probability that first smoker is sixth person : What's the probability that none of the first 4 students you interview is a smoker?- the first smoker is the sixth person you choose?

User Account

All Pages