Question
What is the purpose of a risk survey in underwriting?
Solution
A risk survey is conducted to gather detailed information about a specific risk, such as the property to be insured, the nature of the business, the potential hazards, and other relevant factors. This information is used by underwriters to assess the risk and determine appropriate coverage and premiums.
Convert the recurring decimal 0.434343... to a fraction in simplest form.
Find the value for the given expression
Express 0.045 as a fraction in simplest form.
A complex fraction evolves into 25/21 when 25% of the numerator is added to the numerator, and simultaneously, 23% of the denominator is subtracted from...
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0.0056 is equal to which of the following fractions?
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If the numerator of a fraction is decreased by 20% and the denominator of the same fraction is increased by 30%, then what fraction of the old is the ...
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