Answer:
it's 65 because if u count the inside of the boxes u get 65
Y - y1 = m(x - x1)
slope(m) = 2/5
(-4,-7)....x1 = -4 and y1 = -7....pay attention to ur signs
now we sub
y - (-7) = 2/5(x - (-4)...not done yet
y + 7 = 2/5(x + 4) <===
To find the decimal you divide the number on the top of the fraction by the number on the bottom of the fraction. so...:
258/300=0.86
now, to find the percent, you simply convert the decimal:
0.86 represents 86 hundredths (which is the second place after the decimal point)
which can also be stated at 86%
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
There are now 28 members
all you do is 80 times 0.65 = 52
but you still have to subtract 80 - 52 to find the number of members left
SOOOO
28 members still there
52 members quit
