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An insurance company sells a policy that pays $50,000.00 in case of accidental death. According to company figures, the rate of accidental death is 47 per 100,000 each year. Wha…

An insurance company sells a policy that pays $50,000.00 in case of accidental death. According to company figures, the rate of accidental death is 47 per 100,000 each year. Wha…
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an insurance company sells a policy that pays $50,000.00 in case of accidental death. According to company figures, the rate of accidental death is 47 per 100,000 each year. What annual premium should the company charge for this coverage?

User Jess Murray
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Answer: $23..50 see attachment for the explanation.  
an insurance company sells a policy that pays $50,000.00 in case of accidental death-example-1
User Mohamad Ibrahim
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