The Most Famous of the Mechanical Computation Devices Is the ____________________

question 37

Short Answer

The most famous of the mechanical computation devices is the ____________________, built by Charles Babbage in 1821.

Compute the effect of applying premium penalties for high-risk drivers over multiple years.

Determine the net cost or savings of insurance to the policyholder after claims and changes in policy status.

Understand the principles and calculations involved in life insurance policies, including payment plans and their long-term financial implications.

Analyze and compute coinsurance clauses and their impact on claims in property and casualty insurance.