تم الحل ✓
categoryتأمين
schoolبكالوريوس
event_available2026-07-14
السؤال
Transcribed Image Text:
(1 point) A company is considering two insurance plans with the following types of coverage and
premiums:
Plan A Plan B
Fire/Theft
$26000 $31000
Liability
$200000 $139000
Monthly Premium $75 $67
Premiums are sold in units. For example, one can buy one unit of plan A insurance for $75.00 per month
and receive $26,000.00 in Theft/Fire insurance. Two units of plan A insurance cost $150.00 per month
and give $52,000.00 in Theft/Fire insurance. The company wants at least $622,000.00 in coverage for
Theft/Fire insurance and $3,790,000.00 in coverage for liability insurance.
How many units of each plan should be purchased to meet the needs of the company while minimizing
cost?
The company should purchase 1794.23
units of plan A and 1156.82
units of
plan B.
What is the minimum monthly premium for the company? 1156.83
answer is a dollar amount and should include a dollar symbol).
(Note: your
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