Answer:(updated)
2.4%
Step-by-step explanation:
$2.90-$2.83=$.07
.07/2.9=0.024137931(round to nearest ten<u>th</u>)=2.4%
or you can do 0.024137931*100 and get the same answer
Shout out to lameash66 (they helped me change my answer, thank you)
The answer would be 1/100 or 0.01
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.
Hello,
y=k*(x-2)(x-4)
and is passing throught (3,1)
==>1=k*(3-2)(3-4)==>k=-1
y=-(x-2)(x-4) is an answer
