Question: Using the pure premium method, please calculate the premium required given the following: Assume that there are ( 2 6 , 1 7 8

Using the pure premium method, please calculate the premium required given the following:
Assume that there are \(26,178,539\) automobiles in a given underwriting class that generate a loss adjustment expense of 477,949. What is the gross rate charge to nearest penny_please when the expense ratio is 0.26?
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Using the pure premium method, please calculate the premium required given

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