Indicated Rate

jj96gotthisjj96gotthis
in WernerB.Home

Hi Graham,

Shouldn't the final answer, indicated rate = sum of these pure prem / (1-Variable expense % - Profit%)?

The final answer of 838.41 here seems to be the numerator of the pure premium method formula only..

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Thanks!

Comments

  • GrahamGraham

    Yup, thx! I also sent you a message. See the small envelope under your name in the top left.

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