Question
What would be the price of fair insurance for a $20,000 motor home for one year, assuming that during that year there is a .02%
What would be the price of fair insurance for a $20,000 motor home for one year, assuming that during that year there is a .02% chance that it will be destroyed in an accident, leaving a $3,000 salvage value and no chance of any partial loss? Assume that the owner keeps the salvage value.
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Initial value of the motor home 20000 Chance of the motor ...
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Project Management A Systems Approach to Planning Scheduling and Controlling
Authors: Harold Kerzner
10th Edition
978-047027870, 978-0-470-5038, 470278706, 978-0470278703
