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Deffense [45]
2 years ago
12

Between permanent life insurance and term life insurance, which typically has the lower premium and why?

Mathematics
1 answer:
adoni [48]2 years ago
5 0

Term life insurance has the lower premium because term life insurance pays the face value to your beneficiary if you die within a certain set period of time, whereas whole life insurance covers you your entire life. (Option A)

<h3>What is insurance?</h3>

Insurance is when a third-party (the insurer) promises to indemnify another party (the insured) for losses they might suffer in the future in exchange for agreed upon payments.

Permanent life insurance is a type of insurance that provides a coverage that never expires. The person with a permanent life insurance is covered until he or she passes on. Whole life insurance is a type of permanent life insurance that has a fixed and guaranteed premium and a fixed death benefit.

Term life insurance is a type of insurance that provides coverage to a person only for a scheduled period of time. For example, a person who buys a 10 year term life insurance, the person's insurance only lasts for 10 years. If the person passes on within the 10 years, his beneficiary receives payments. If the person passes on after 10 years, his beneficiary does not receive any payments.

To learn more about insurance, please check: brainly.com/question/17548705

#SPJ1

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Find the zero of polynomial 7x+5
boyakko [2]

Answer:

x=-5/7

Step-by-step explanation:

we have

f(x)=7x+5 ----> The degree of this polynomial is 1 (linear equation)

Remember that

The zero of the polynomial is the value of x when the value of f(x) is zero

so

For f(x)=0

0=7x+5

solve for x

x=-5/7 ----> the zero of the polynomial or x-intercept

4 0
3 years ago
Suppose that an airline quotes a flight time of 128 minutes between two cities. Furthermore, suppose that historical flight reco
ANTONII [103]

Answer:

(a) The probability density function of <em>X</em> is:

f_{X}(x)=\frac{1}{b-a};\ a

(b) The value of P (129 ≤ X ≤ 146) is 0.3462.

(c) The probability that a randomly selected flight between the two cities will be at least 3 minutes late is 0.4327.

Step-by-step explanation:

The random variable <em>X</em> is defined as the flight time between the two cities.

Since the random variable <em>X</em> denotes time interval, the random variable <em>X</em> is continuous.

(a)

The random variable <em>X</em> is Uniformly distributed with parameters <em>a</em> = 10 minutes and <em>b</em> = 154 minutes.

The probability density function of <em>X</em> is:

f_{X}(x)=\frac{1}{b-a};\ a

(b)

Compute the value of P (129 ≤ X ≤ 146) as follows:

Apply continuity correction:

P (129 ≤ X ≤ 146) = P (129 - 0.50 < X < 146 + 0.50)

                           = P (128.50 < X < 146.50)

                           =\int\limits^{146.50}_{128.50} {\frac{1}{154-102}} \, dx

                           =\frac{1}{52}\times \int\limits^{146.50}_{128.50} {1} \, dx

                           =\frac{1}{52}\times (146.50-128.50)

                           =0.3462

Thus, the value of P (129 ≤ X ≤ 146) is 0.3462.

(c)

It is provided that a randomly selected flight between the two cities will be at least 3 minutes late, i.e. <em>X</em> ≥ 128 + 3 = 131.

Compute the value of P (X ≥ 131) as follows:

Apply continuity correction:

P (X ≥ 131) = P (X > 131 + 0.50)

                 = P (X > 131.50)

                 =\int\limits^{154}_{131.50} {\frac{1}{154-102}} \, dx

                 =\frac{1}{52}\times \int\limits^{154}_{131.50} {1} \, dx

                 =\frac{1}{52}\times (154-131.50)

                 =0.4327

Thus, the probability that a randomly selected flight between the two cities will be at least 3 minutes late is 0.4327.

6 0
3 years ago
A batch of 20 semiconductor chips is inspected by choosing a sample of 3 chips. Assume 10 of the chips do not conform to custome
Hatshy [7]

Answer:

A batch of 20 semiconductor chips is inspected by choosing a sample of 3 chips. Assume 10 of the chips do not conform to customer requirements.

a) Number of different samples = 20C3 =  \frac{20!}{3!(17!)} =1140

b) 2 good and one bad chip

Number of samples = 10C2 * 10C1 = 45 * 10 =450

c) 2 good 1 bad + 1 good 2 bad + 3 bad

Number of samples = 10C2 * 10C1 + 10C1 * 10C2 + 10C3

= 450+450+120=1020

6 0
3 years ago
Factor completely: −2x3 + 6x2
Pavel [41]
Correct answer is C.

-2x^3+6x^2  \\-2x^2x+2x^23 \\2x^2(-x+3) \\2x^2(-(x-3)) \\-2x^2(x-3)
4 0
3 years ago
The cross country team practices by jogging on
levacccp [35]
21 miles because 6x3+3
7 0
3 years ago
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