Answer:
x=-5, y=-8. (-5, -8).
Step-by-step explanation:
-x+2y=-11
5x-8y=39
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5(-x+2y)=5(-11)
5x-8y=39
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-5x+10y=-55
5x-8y=39
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2y=-16
y=-16/2
y=-8
-x+2(-8)=-11
-x-16=-11
-x=-11+16
-x=5
x=-5
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.
If it is 5 equally spaced marks, then each mark represents 1/6
0 -- 1/6 -- 2/6 -- 3/6 -- 4/6 -- 5/6 -- 1
so the third mark would represent 3/6 which reduces to 1/2
The answer would be -0.5 hope this helped!
