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3 years ago

PLEASE HELP!!!! NEED HELP!!!!

1 answer:

4 0

The number of accidents the company will have to pay out for is 1,750. If the payout for each claim (after deductibles) is $8,000, the company’s total payouts will amount to $14,000,000. If the company wants to keep a profit margin of 8%, the premium it must charge is $604.8. The company can set aside a maximum amount of $1,120,000 for this year’s investments.

1.) 25,000 policyholders x 7% accident rate = 1,750
2.) 8,000 payout x 1,750 number of accidents = 14,000,000
3.) 14,000,000 expense x (1 + 8% profit margin) = 15,120,000 / 25,000 policy holders = 604.8
4.) 8,000 x 8% profit margin = 640 (which is higher than the premium) x 1,750 numer of accidents = 1,120,000 (I'm not so sure with this one tho)

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MrRa [10]

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y = 434/62 = 7

8 0

3 years ago

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Hi i need help please:))

marin [14]

Answer:

i got 96

Step-by-step explanation:

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3 years ago

On the basis of data collected during an experiment, a biologist found that the growth of a fruit fly population (Drosophila) wi

Ket [755]

Answer:

(a). 15

(b). 78

Step-by-step explanation:

Growth of the population of a fruit fly is modeled by

N(t) = $\frac{600}{1+39e^{-0.16t} }$

where t = number of days from the beginning of the experiment.

(a). For t = 0 [Initial population]

N(0) = $\frac{600}{1+39e^{-0.16\times 0} }$

= $\frac{600}{1+39}$

= $\frac{600}{40}$

= 15

Initial population of the fruit flies were 15.

(b).Population of the fruit fly colony on 11th day.

N(11) = $\frac{600}{1+39e^{-0.16\times 11} }$

= $\frac{600}{1+39e^{-1.76} }$

= $\frac{600}{1+39\times 0.172 }$

= $\frac{600}{1+6.71}$

= $\frac{600}{7.71}$

= 77.82

≈ 78

On 11th day number of fruit flies colony were 78.

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4 years ago

What is the exact volume of this cylinder? 4in 8in

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The volume of the cylinder is; 128π in3

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Π = 3.14

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3.14 * 128

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3 years ago

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Law Incorporation [45]

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Graph both inequalities on the same number line:

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3 years ago

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