Answer:
4.50 + 1.25 = 5.75 x.15 = 0.8625
Round that to .86
$5.75 +.86(tip)
.86 cents
Step-by-step explanation:
Answer:
No
Step-by-step explanation:
5-2=3
Inverse/reciprocal =7
A. 4x-6y-14 = 0
Math & Reasoning:
You cannot simplify 4x-6y=14 any other way than subtracting 14 from both sides. You could solve for X and Y, but it'd be a long process and by the time you did that you would have it in it's most simplified form.
Answer:
The question is about the least amount to charge each policyholder as premium
The least premium is $484
Step-by-step explanation:
The least amount of premium to charge for this policy is the sum of the expected values of outcome of both instances of policyholder dying before the age of 70 and living after the age of 70 years
expected value of dying before 70 years=payout*probability=$24,200*2%=$484
Expected of living after 70=payout*probability=$0*98%=$0
sum of expected values=$484+$0=$484
Note that payout is nil if policyholder lives beyond 70 years
The premium of $573 means that a profit of $89 is recorded
4y2=256
4 x 2 = 8
256 divided by 8
Y=32
