This article discusses the impact of interest rates on expense rates. An insuranceexpense is the difference calculated between Gross Premium and Net Premium. The calculationsindicate that the expense reduces when the interest rate increases.
Jurnal Matematika (p-ISSN: 1693-1394 |e-ISSN: 2655-0016| DOI: 10.24843/JMAT ) is an open access journal which publishes the scientific works for researchers. The articles of this journal are published every six months, that is on June and ...