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According to the Executive Committee of the General Insurance Council, for Marine Insurance, the minimum amount of unexpired risk reserve that must be maintained is 100% of the premium. This means that insurance companies must set aside an amount equal to the entire premium received for marine insurance policies to cover potential future claims and liabilities.
350 ÷ 5 + 30 % of 180 + ? * 12 = 48 * √16
5.25 x 4.09 + 3.99 x 9.67 + 6.01 x 14.88 = ?
59.68% of √400 × 123.95 = ?
(4.89)2 + √144.35 - √121.25 = ?
1111.25 × 9.05 + 2323.23 × 9.05 – 2121.37 × 9.05 = ?
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
`sqrt(7.987 X 24.790 +199.991)`
24.99% of 1619.78 + (1259.84 ÷ 12.24) = ? × 16.98
12, 16, ?, 36, 52, 72