Answer:
The question is about the least amount to charge each policyholder as premium
The least premium is $484
Step-by-step explanation:
The least amount of premium to charge for this policy is the sum of the expected values of outcome of both instances of policyholder dying before the age of 70 and living after the age of 70 years
expected value of dying before 70 years=payout*probability=$24,200*2%=$484
Expected of living after 70=payout*probability=$0*98%=$0
sum of expected values=$484+$0=$484
Note that payout is nil if policyholder lives beyond 70 years
The premium of $573 means that a profit of $89 is recorded
The answer to your question is -32.9
Write 35/22 as a decimal How to convert the fraction 35/22 to a decimal value. Please, input values in this format: a b/c or b/c.
<span>
Examples: Four tenths should be typed as 4/10. One and three-half should be typed as 1 3/2. For mixed numbers, please leave a space between the the integer and the fraction.
</span><span>Enter a fraction value:
</span>35/22/ Ex.: 1/2, 2 1/2, 5/3, etc. Note that 2 1/2 means two and half = 2 + 1/2 = 2.5/ Your answer 1.5909090909090908
Answer:
231 ft²
Step-by-step explanation:
Given that :
Dimension of each side = 3.5 feets by 11 feets
Area of each side :
Length * width = (3.5 * 11) feets = 38.5 ft²
Number of sides = 6
Hence, number of square feets to paint :
Number of sides * area of each side :
6 * 38.5 ft²
= 231 ft²
