Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Not yet answered Marked out of 1.00 P Flag question Three insurance carriers are paying a claim at a ratio of 1/3, 3/5 and 2/15.
Not yet answered Marked out of 1.00 P Flag question Three insurance carriers are paying a claim at a ratio of 1/3, 3/5 and 2/15. Total claim is $250,000, what are the amounts payable for each carrier? O a. O b. O C. O d. $85,625, $120,625, $43,750 $73,125, $135,625, $41,250 $78,125, $140,625, $31,250 $70,625, $160,625, $18,750
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started