Answer:
Step-by-step explanation:
a) Because you are only receiving $1500 and in exchange you would have to cover for this accident damage in the next year, which could be up to hundred of thousands of dollar. Sure there's a chance the your neighbor might drive safely, but the odds are far more in his favor than yours.
b) The insurance company collect payments from hundred of thousands buyers, making their cash flow up to tens of million dollar. Sure the expected value of accidents might be high but as a company they surely have capital to cover a handful of cases, if their calculation done right.
Answer:
y=3x-1
Step-by-step explanation:
Answer:
56
Step-by-step explanation:
7((9+4)-(12-7))
7(13-5)
7×8
Answer: 25 + 15x ≤ 150
Step-by-step explanation: For this problem we will write an inequality to represent this situation.
Let x equal each additional day.
25 + 15x ≤ 150
The inequality above states that the dog owner will spend $25 for the first day and then for each additional day the dog owner will spend $15, but is budget is no more than $150 that the dog owner can spend.
