Answer:
the scale is balanced both times <em>as shown below</em>.
No scale is shown
Step-by-step explanation:
Answer:
Avicenna can expect to lose money from offering these policies. In the long run, they should expect to lose ___33__ dollars on each policy sold
Step-by-step explanation:
Given :
The amount the company Avicenna must pay to the shareholder if the person die before 70 years = $ 26,500
The value of each policy = $497
It is given that there is a 2% chance that people will die before 70 years and 98% chance that people will live till the age 70.
The expected policy to be sold= policy nominal + chances of death
= 497 + [98% (no pay) + 2% (pay)]
= 497 + [98%(0) + 2%(-26500)]
(The negative sign shows that money goes out of the company)
= 497 - 2% (26500)
= 497 - 530
=33
Therefore the company loses 33 dollar on each policy sold in the long run.
Answer:
18
Step-by-step explanation:
Answer:
D
Step-by-step explanation:
the n th term ( explicit formula ) of a geometric sequence is
• 
= 
where r is the common ratio and the first term
here r = 
= 
= 
and = 64, hence
= 64
→ D
the answer is b, just divide 50 by 59 and multiply that sum to 6.4
