Answer:
All work and answers are in the picture
Answer:
A) 
Step-by-step explanation:
We are trying to find how long it will take Carlos to have $500 TOTAL, so we need to subtract what he already has ($150) to get the value we want to divide by $25 to figure out how many months it will take him to save up the rest. The given answer above is just a simplified way of writing
, if that makes more sense.
Answer:
a) 0.0002
b) 0.0057
c) 0.0364
Step-by-step explanation:
Lets start by stating the probabilities of a person belonging to each policy:
Standard: 0.3
Preferred: 0.5
Ultra- Preferred: 0.2
The probability of person belonging to each policy AND dying in the next year:
Standard: 0.3 x 0.015 = 0.0045
Preferred: 0.5 x 0.002 = 0.001
Ultra- Preferred: 0.2 x 0.001 = 0.0002
a) The probability a ultra - preferred policy holder dies in the next year is 0.001. To find the probability of a person being both a ultra - preferred policy holder AND die in the next year is: 0.001 x 0.2= 0.0002
b) The probability is given by adding the probabilities calculated before :
0.0045 + 0.001 + 0.0002 = 0.0057
c) We use the results above again. This is 0.0002 / (0.001 + 0.0045). The answer comes out to be 0.0364
The LCD of 1/17 and 3/14 is 14.
1/7 = 2/14
3/14 = 3/14
2 + 3 = 5
The denominators are the same, so it will remain the same.
= 5/14 <===
5/14 is your answer.
I hope this helps! :)
Answer:
y =7
Step-by-step explanation:
2(5y-3)+2(4y) = 120 units
10y - 6 + 8y = 120 units
18y= 120+6
y = 126/18
y = 7