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
Answer:
If P= price of the hardcover book, then
We have to spend $25-P, if P<$25; or $0 if P>= $25
Step-by-step explanation:
Lets call P the price of the hardcover book, in $. We can suppose that P is less than 25, otherwise we shoudnt spend on anything else to get the free shipping. If X is the amount that we have to spend to reach 25, then we get that P+X = 25. If P is known, we can obtain X by substracting P in both sides, therefore
X = 25-P
We conclude that if the price of the book P is less than 25, then we have to spend $25-P. Otherwise we have to spend 0.
Answer:
36 ft.
Step-by-step explanation:
The given perimeter of triangle EDF is 12, in which the hypotenuse is 5. This means that it is a 3-4-5 triangle, meaning that ED = 3, DF = 4, EF = 5.
It is given that BC (the other triangle's hypotenuse) is 15. This means that the left triangle is to the scale factor of 3 of triangle EDF. Therefore, multiply 3 to all sides measurements, and then add all the sides to get the perimeter.
Hypotenuse: 5 x 3 = 15
Leg 1: 4 x 3 = 12
Leg 2: 3 x 3 = 9
Perimeter: 15 + 12 + 9 = 36
36 ft. is your answer.
The one that look exactly the same it the third one