Answer: $393.75.
Step-by-step explanation:
Multiply 5,625 by 0.07 to find the comission amount.
Remove the radical by raising each side
6^2= square root 8x-4 ^2
36= 8x-4
40= 8x
X=5
Answer:
What is the expected value for the insurance company?
E(x) = 0.9986*161 + 0.0014*(-99839) = $21.00
Step-by-step explanation: Ur welcome
There is a 0.9986 probability that a randomly selected 30 year old male lives through the year. A life insurance company charges $161 for insuring that the male lives through the year. If the male does not survive the year, the policy pays out $100,000 as a death benefit.
I would like more information please. What line are you referring to?
