Business, 21.02.2020 00:56, miriammayo12345

Ratemakers at ABC Insurance Company calculated the pure premium to be $280 for a risk they were considering insuring. What is the gross rate for this risk, assuming a 30 percent expense ratioA) $364
B) $400
C) $430
D) $520

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Ratemakers at ABC Insurance Company calculated the pure premium to be $280 for a risk they were cons...