asked 233k views
5 votes
Twenty people are put into an insurance pool. Of these twenty people, • 12 people each have expected payouts of $4,500 per year. 5 people each have expected payout of $12,300 per year. • 2 people each have expected payouts of $20,800 per year. • 1 person has an expected payout of $30,900 per year. How much is the average expected payout for each member of the group of twenty? Average Expected Payout is $​

asked
User Mhyfritz
by
8.1k points

1 Answer

1 vote

Answer:

the average payout should be $157,100

hope this helps <3

answered
User Dustmachine
by
8.2k points
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