The amount more annually a $115,000 10-year term insurance at age 35 cost Bernard than someone of the same age without health issues is $24.
<h3>What are insurance premiums?</h3>
The insurance premium is paid as a cost to cover a possible loss that is unseen.
The annual premium rate as a percentage of the value insured a person at age 35 has to pay is 0.14%.
From the given information, we have that the amount a 35-year-old without health issues will pay per $1,000 is $1.40
The amount to be paid for $115,000 is 115 × $1.4 = $161
The amount Bernard pays = 15% more
= 1.15 × $161
= $185.15
Therefore,
The amount more Bernard has to pay = $185.15 - $161
= $24.15 ≈ $24
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Those points you can see on the graph.
The first one refers to the x value and the second, to y value. If you notice, when you have x = 0, y = 3. When x = -5, y = 0.
When the line intercepts one of the axis, means the other coordinate is = 0.
3 is y intercept, it means the x value of that point is 0. The same happens to the x intercept - 5. It means the y value of that point is 0.
A ( -5 | 0 )
B ( 0 | 3 )
m = Delta y / Delta x.
Delta y is the variation over the x-axis. Delta x, the x axis.
Be safe!
Answer: $0.65
Step-by-step explanation:
Amount for the magazine in a regular newsstand for one year:
1.95*12=$23.4
Amount saved per issue with subscription:
(23.4-15.60) ÷ 12 = $0.65 per issue is saved with a subscription
Using the quadratic formula works but if you know there are 2 answers (highest power of problem tells you how many solutions) then
10x^2 = 5x
So either x = 0, giving 0=0. Or divide by 5x
2x = 1
x = 0.5
First find the length of the line in the middle.
c^2=5^2 + 5^2
c = square root of 50
Then use that to find x.
8^2 - c^2 = x^2
64-50 = x^2
14 = x^2
x = square root of 14