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zimovet [89]
2 years ago
14

Nikos, a 39-year old male, bought a 300,000, 20-year life insurance policy.

Mathematics
1 answer:
netineya [11]2 years ago
8 0

The total amount he will pay for 20 years of coverage is $61,980. Option D

<h3>How to determine the total amount</h3>

To find the total amount, we use the expression

First, we multiply the value per $1,000.00 by the number of thousands of face value coverage. This gives an estimate of the annual premium for  life insurance policy.

Nikos's premium per year = \frac{300000}{1000} * 10. 33

Niko's premium per year = 300 * 10. 33

Niko's premium per year = $3, 099

To find the total amount, we need to multiply by the number of years

=  $3,099 x 20

= $61,980

Thus, the total amount he will pay for 20 years of coverage is $61,980. Option D

Learn more about insurance premium here:

brainly.com/question/1191977

#SPJ1

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The 3 × 3 matrix P satisfies the matrix equation P^2 = P.
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Answer:  The answers are given below.

Step-by-step explanation:  Given that a  3 × 3 matrix P satisfies the matrix equation P² = P.

We are to

(a) find the possibilities for the determinant of P.

(b) explain the reason behind there are no other possibilities.

(c) give an example of P, for each possible determinant.

(a) According to the given information, we have

P^2=P\\\\\Rightarrow P^2-P=0\\\\\Rightarrow P(P-I)=0\\\\\Rightarrow P=0,~~~P=I.

So, P can be either a zero matrix of order 3 or an identity matrix of order 3.

If P = 0, then det(P) = 0     and     if P = I, then det(P) = 1.

Therefore the possible determinants of P are 0 and 1.

(b) There can be any other determinant other than 0 and 1, because if so, then the given equation P² = P will not be satisfied.

(c) If |P| = 0, then the matrix P can be can be of the form as follows:

P=\left[\begin{array}{ccc}0&0&0\\0&0&0\\0&0&0\end{array}\right] .

If |P| = 1, the the matrix P can be of the form as follows :

P=\left[\begin{array}{ccc}1&0&0\\0&1&0\\0&0&1\end{array}\right] .

Thus, all the parts are answered.

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adoni [48]

Hi,

Essentially, we are saying that Alyssa gets 5 parts of the whole thing (140,000), Bart gets 3 parts of the whole and Meghan gets 2 parts of the whole. The sum total of their parts = the whole. So now we need to find out how much one part is. Thus,"one part" should be the variable. Substitute p for "one part", so Alyssa gets 5p, Bart gets 3p, and Meghan gets 2p. Since the sum of the parts = the whole, your problem sets up as:  5p + 3p + 2p = 140,000  -->  10p = 140,000 --> 10p/10 = 140,000/10  -->  x = 14,000.

Alyssa gets 5p or (5 x 14,000)

Bart gets 3p or (3 x 14,000)

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If the whole was a loss, it would be a negative, and instead of getting money, they would lose money.

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Since -1 is a whole number we would just write that as -1. 1/4 as a decimal is .25.


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