Answer:
Range of the given function = -4
Step-by-step explanation:
Range is the set of output values.
In a graph, the set of x-values of the function is know as domain and the set of y-values of the function is known as range.
In the graph red line represents the function.
From the given graph it is clear that the function is defined from x=-1 to x=4.
For each value of x the y-value is -4.
Hence, the range of the function is -4.
Answer:
1. The expected pay-out on each policy is 250 * 1/90 + 12000 * 1/100 + 17000 * 1/400 = $165. So that's what the premium would have to be in order to get a profit of 0.
2. The profit per policy is the premium the company receives minus the expected payout = 350 - 165 = $185.
3. The expected profit on 375 policies would be 375 * 185 = $69375
Step-by-step explanation:
Answer:
607,261
Step-by-step explanation:
Answer:
equation: y=-2x+2
a=-3
b=-8
Step-by-step explanation:
we need to find the equation of the line containing the point (3,-4) and has the slope (m) of -2
slope-intercept form is given as y=mx+b, where m is the slope and b is the y intercept
we can plug what we know into the equation:
y=-2x+b
we need to find b though
since the point will pass through the point (3,-4) we can subsitute it into the equation to find b
-4=-2(3)+b
-4=-6+b
2=b
the y intercept is 2
so the equation is y=-2x+2
the line also contains the points (a,8) and (5,b)
first, let's find a
a is the x value of the point
we know the value of y (8)
substitute y as 8 and solve for x
8=-2x+2
subtract
6=-2x
-3=x=a
so a is -3
now find b
b is the y value of the point
we know the x value (5)
substitute x as 5 and solve for y
y=-2(5)+2
y=-10+2
y=-8=b
so b is -8
hope this helps!
Answer:
The APY of the saving account is 4.0474%
Step-by-step explanation:
We know the formula for APY which is given by
here, r= interset rate = 3.9742% = 0.039742
n = compounding cycles = 12
On plugging these values in the above formula, we get
On simplifying this we get
APY =0.04047395=4.0474%
