Answer:
900
Step-by-step explanation:
With a $6000 yearly premium and a $5000 deductible the break-even point would be 300 surgeries per year from a sample of 1000 insured people. Over 3 years that would equate to 900 surgeries.
$6000 x 1000 = $6000000
requiring surgery : $25000 - $5000 = $20000
Therefore $600000/$20000 = 300 claims per year
And 3 years x 300 = 900 claims over 3 years.
Y= - x + 2 - 4
y = - x - 2
-y = x + 2
Answer:
7.5
Step-by-step explanation:
-2x - 4 = 12
add 4 to both sides of the equation
-2x = 16
divide -2 from both sides of the equation
x = -8
the new fraction: 8/3 or 2 2/3
Given:
Amount = 8700
Time = 3 years
Rate of interest = 24% per annum
To find:
The principal values.
Solution:
Formula for amount:
Where, A is amount, P is principal, r is the rate of interest and t is the number of years.
Putting 
, we get
Divide both sides by 1.906624.
Therefore, the principal value is about 4563.04.
