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An insurance company sells a policy that pays $50,000.00 in case of accidental death. According to company figures, the rate of accidental death is 47 per 100,000 each year. Wha…

An insurance company sells a policy that pays $50,000.00 in case of accidental death. According to company figures, the rate of accidental death is 47 per 100,000 each year. Wha…
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an insurance company sells a policy that pays $50,000.00 in case of accidental death. According to company figures, the rate of accidental death is 47 per 100,000 each year. What annual premium should the company charge for this coverage?

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User Jess Murray
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4 votes
Answer: $23..50 see attachment for the explanation.  
an insurance company sells a policy that pays $50,000.00 in case of accidental death-example-1
answered
User Mohamad Ibrahim
by
8.4k points
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