The probability that a 42-year old man will die before his 43rd birthday is about 0.29%. if an insurance company insures 30,000
2 answers:
You might be interested in
Answer:
Interest: $50 | Total: $250
Step-by-step explanation:
You are going to want to use the simple interest formula for this. The one below is modified for solving the interest earned.
<em>I = interest amount </em>
<em>P = principal amount </em>
<em>r = interest rate (decimal form) </em>
<em>t = time</em>
<em />
Now we can plug in the values into the equation:
This means that Ariane is charged $50 worth of interest. She has to pay back $250 total dollars.