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Type the correct answer in each box. Round your answer to the nearest integer. An automotive insurance company has 30,000 policyholders, and the accident rate
Type the correct answer in each box. Round your answer to the nearest integer. An automotive insurance company has 30,000 policyholders, and the accident rate is 0.06. If the company needs to make a profit of $1,740,000 this year and the payout for each claim (after deductibles) is $8,200, the minimum premium it must charge is $ . The company's financial advisers have predicted that in the upcoming year, the accident rate will increase by 5% of the base rate and the number of policyholders will increase by 12%. If the company's profit needs and the payout for each claim remain the same, the minimum premium should increase by $
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