Powerpack Station 3 - Problem 43

agnichatagnichat
in GENERAL - PRICING

The formulae in the solution key (Cheat button) don't seem to be making sense. Specifically for the coinsurance penalty.

Please advise.

Thanks,

C

Comments

  • GrahamGraham

    So this is formula for the coinsurance penalty you're referring to, right:

    • e = min( F, L ) – I

    Unless I'm missing something, that looks correct. I also tested it with a few examples and it seems to be giving the correct answer. (Note the "I" stands for Indemnity. It isn't the numeral "1".)

    Can you be more specific about what you think isn't making sense?

  • agnichatagnichat

    closing the loop on this one. Pretty sure it was an error on my part.


    Cj.

  • GrahamGraham

    Thx for following up.

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