Answer:
Step-by-step explanation:
2n+5=35
2n=35-5
2n=30
n=15
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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.
Step-by-step explanation:
Slope-intercept form: y = mx + c
y = x + 3 is already in this form.
3x + 3y = -9,
3y = -3x - 9
y = -x - 3.
Answer:
If an equal number of each brand was ordered, how many dozens of each brand were ordered?
Step-by-step explanation:
in order to determine the number of balls purchased, we must first determine the difference in price between them = $2 - $0.90 = $1.10
since the total difference in price was $660 and an equal number of balls were purchased, then the number of balls purchased = $660 / $1.10 = 600 balls
to determine the number of dozens purchased of each brand we just divide 600 by 12 = 50 dozens
