Answer:
the last one is the answer of it
Answer:
C
Step-by-step explanation:
Angle CAD and angle BAD are congruent.
10x - 7 = 3x+ 7
10x - 3x = 7 + 7
7x = 14
(7x)/7 = 14/7
x = 2
Plug in x as 2.
10(2) - 7
20 - 7
= 13
Answer:
The question is about the least amount to charge each policyholder as premium
The least premium is $484
Step-by-step explanation:
The least amount of premium to charge for this policy is the sum of the expected values of outcome of both instances of policyholder dying before the age of 70 and living after the age of 70 years
expected value of dying before 70 years=payout*probability=$24,200*2%=$484
Expected of living after 70=payout*probability=$0*98%=$0
sum of expected values=$484+$0=$484
Note that payout is nil if policyholder lives beyond 70 years
The premium of $573 means that a profit of $89 is recorded
D because the y-intercept is at -5 like shown in the equation, and the slope equals to 1, and I do believe that the bold line means that it is less than or equal to, just like the equation says.