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:
Jada should have multiplied both sides of the equation by 108.
Step-by-step explanation:
The question is incomplete. Find the complete question in the comment section.
Given the equation -4/9 = x/108, in order to determine Jada's error, we need to solve in our own way as shown:
Step 1: Multiply both sides of the equation by -9/4 as shown:
-4/9 × -9/4 = x/108 × -9/4
-36/-36 = -9x/432
1 = -9x/432
1 = -x/48
Cross multiplying
48 = -x
x = -48
It can also be solved like this:
Given -4/9 = x/108
Multiply both sides by 108 to have:
-4/9 * 108 = x/108 * 108
-4/9 * 108 = 108x/108
-432/9 = x
x = -48
Jada should have simply follow the second calculation by multiplying both sides of the equation by 108 as shown.
Answer:
Value of the car is decreasing by 13.9% each year.
Step-by-step explanation:
This equation tells us V(t) is the value of the car after a certain time in years, $21,000 is the initial value of the car. What we need to focus on is on the 0.861 part of this equation. This means that the price of the car is worth 0.861 or 86.1% of what it was worth the year prior, this means that the price of the car is decreasing over time. By how much is it decreasing? Well if we consider 1 to mean 100% (since 100 / 100 =1) then we have 100%-86.1%=13.9%. This means that the value of the car is decreasing 13.9% each year.
Since the formula to find the area of a parallelogram is base times height (A=bh), and you have been given the area and base already, you can set up an equation. Let h=height in this formula. h x 3.4 = 25. Using this formula, to find the height, you would divide 25 by 3.4 and get approximately 7.35 inches. So, your height= 7.35in. Hope this helps!
Answer:
oh nah oh yea oh nah the answer is this the answer is that
Step-by-step explanation:
