Question 549735
he should charge 2100 per season.
if the averages hold, he should expect to pay out each season.
.002 * 50,000 * 1 = 100.
.01 * 50,000 * .5 = 250
.1 * 50,000 * .25 = 1250
on the average, he will be paying out 1250 + 250 + 100 = 1600 per season.
he collects 2100.
he nets 500.