Answer:
x>13
Step-by-step explanation:
Answer:
Avicenna can expect to lose money from offering these policies. In the long run, they should expect to lose ___33__ dollars on each policy sold
Step-by-step explanation:
Given :
The amount the company Avicenna must pay to the shareholder if the person die before 70 years = $ 26,500
The value of each policy = $497
It is given that there is a 2% chance that people will die before 70 years and 98% chance that people will live till the age 70.
The expected policy to be sold= policy nominal + chances of death
= 497 + [98% (no pay) + 2% (pay)]
= 497 + [98%(0) + 2%(-26500)]
(The negative sign shows that money goes out of the company)
= 497 - 2% (26500)
= 497 - 530
=33
Therefore the company loses 33 dollar on each policy sold in the long run.
Answer:
Step-by-step explanation:
There is theorem in this chapter which explains the answer
According to the theorem ,
/_rbd = 2 /_ rad
Therefore , rbd = 34 ° .
Hence , rad = 2x 34
Therefore , rad = 68°
Answer:
Y=total cost of purchasing the pencils
Step-by-step explanation:
Y=3.5x+2.99
Where,
Y=total cost of purchasing the pencils
3.5=price of each pencil
X= number of pencils bought
2.99= shipping cost
For instance, if you order for 5 pencils on Amazon, the total cost of purchasing it is
Y=$3.50(5)+$2.99
Y=$17.50+$2.99
Y=$20.49
