Insurance Calculation

[jogger08152]

[ QUOTE ]
Yeah, I came up with that $71.20 number as well the first time.

Basically he signs up for the exam ($102) and sends me $71.20, and if he fails the exam and retakes, then I'll buy his retate ($102), but if he passes, I pocket the $71.20.

There's no way he'd go for this though, as his net worth is like $100K. lol. I just thought it would be fun to offer it to him (and know that I'm offering a good amount).

Is $10 fee on $102 test too much profit?

[/ QUOTE ]
Yes.