Answer:
35.35%
Step-by-step explanation:
If there were no deductibles, the expected claim payment would be:
If the collision insurance claim is under $2,000, then the insurer would not pay anything, but if X > $2,000, then the insurer would pay X - $2,000. The new expected value is:
The percentage reduction on the claim payment is:
There was a 35.35% reduction.
Answer:20.00
Step-by-step explanation: next time include the table but i managed to find it anyway
K well uh i don't know what u meant but the 4th one i think so u
Answer:
$49.60
Step-by-step explanation:
The equation setup I used for this was as follows: $16 x (112/36)
Using PEMDAS, you'd start with the division part, 112/36. Although, I did this a bit differently, and being a bit further in school, I don't know if you go through this where you're at.
Start by factoring 112 into 4(28). This leaves you with 4(28)/36.
Next, cancel 4 out of 36. Since 4 is the common factor in 28 and 36, you cancel the four out of the equation, leaving you with 28/9. Convert this to its decimal form, 3.1.
Finally, take the 3.1 and multiply that by $16, which comes out to $49.60.
Answer:
25
Step-by-step explanation:
you just multiple 5 times 5