Answer:
<em>The age at which both companies charge the same premium is 44 years</em>
Step-by-step explanation:
<u>Graph Solution to System of Equations</u>
One approach to solving systems of equations of two variables is the graph method.
Both equations are plotted in the same grid and we find the intersection point(s) of both graphs. Those are the feasible solutions.
The annual premium p as a function of the client's age a for two companies are given as:
Company A: p= 2a+24
Company B: p= 2.25a+13
The graphs of both functions are shown in the image below.
The red line indicates the formula for Company A and the blue line indicates the formula for Company B.
It can be seen that both lines intersect in the point with approximate coordinates of (44,112).
The age at which both companies charge the same premium is 44 years
Answer:noooooooooooooooooooo
Step-by-step explanation:
Multiplied: <span>3/5a
Simplified: Also ^ 3/5a</span>
Answer: x= 5
Step-by-step explanation: If angles 1 and 2 are supplementary, that means they add up to 180. So if angle 1 is 87, angle 2 has to be 180-87=93. Then the equation would be 15x+18=93. Subtract 18 on both sides. 15x=75. Divide by 15 and your answer is 5.
Answer:
13402
Step-by-step explanation:
PV= $299,132
I/YR= 4.48% or 0.0448
N= 216
PMT= $13402
(Excel works great with this and will solve it for you, use the PMT function and insert the numbers provided. It will show a (-) but that is because a positive PV is placed.)