Attached a phot please help!
1 answer:
You might be interested in
Answer:
.
Step-by-step explanation:
A point of the form belongs to the graph of this function,
, if and only if the equation of this function holds after substituting in
and
.
The question states that the point belongs to the graph of this function. Thus, the equation of this function,
, should hold after substituting in
and
:
.
.
Solve this equation for the constant :
.
Thus, .
Answer: He will receive only $55080 against the fire insurance that caused damage the property.
Explanation:
Since we have given that a house worth $250,000 has a coinsurance clause of 90 percent .
But the owner insure the property for $191,250.
That means the owner does not insure the property for his full value ,
Amount incurred on fire that caused damage =$80,000
Amount he will receive against his insurance is given by
Hence, He will receive only $55080 against the fire insurance that caused damage the property.