Write an equation of a line with the given slope and y-intercept.
2 answers:
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From the given table, the annual premium rate as a percentage of value insured a person at age 35 has to pay is 0.14%.
- The amount more annually a $115,000 10-year term insurance at age 35 cost Bernard than someone of the same age without health issues is option d. <u>$24</u>
Reasons:
The data in the table are presented as follows;
From the above table, we have that the amount a 35 year old without health issues will pay per $1,000 is $1.40
Therefore, the amount to be paid for $115,000 is 115 × $1.4 = $161
The amount Bernard pays = 15% more = 1.15 × $161 = $185.15
Therefore;
The amount more Bernard has to pay = $185.15 - $161 = $24.15 ≈ <u>$24</u>
Learn more about insurance premiums here:
Answer: The required probability is 0.32.
Step-by-step explanation:
Since we have given that
Probability of winning team A over B = 0.7
Probability of losing team A over B = 0.3
Number of matches = 7"
So, using the "Binomial distribution" :
We get that
Hence, the required probability is 0.32.