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:
t = 1.107
Step-by-step explanation:
Finding the solution using derivatives involves finding the lower zero of the quadratic that is the second derivative of the given function. That second derivative will be ...
f''(t) = 12(1.6714)t^2 -6(22.45)t +2(62.27)
= 20.0568t^2 -134.7t +124.54
= 20.0568(t -3.35796)² -101.619 . . . . rewrite to vertex form
Then f''(t) = 0 when ...
t ≈ 3.35796 -√(101.619/20.0568) ≈ 1.10706
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The solution is perhaps more easily found using a graphing calculator to find the peak of the first derivative. (See attached.) It tells us ...
t ≈ 1.107
1.1 years after the beginning of 1998 is about 1.2 months into 1999.
Rents were increasing most rapidly in early February of 1999.
Answer:

For this case we know that
represent the radius,
the height and the rate given is:


And replacing we got:

And that represent 
Step-by-step explanation:
For a tank similar to a cylinder the volume is given by:

For this case we know that
represent the radius,
the height and the rate given is:

For this case we want to find the rate of change of the water level when h =6m so then we can derivate the formula for the volume and we got:

And solving for
we got:

We need to convert the rate given into m^3/min and we got:

And replacing we got:

And that represent 
Answer:
to use integers for certain problems and equation on math, i can also use it for future use in life in case i need it, Its very helpful to learn since it isnt that complicated nor hard, its just a good skill to keep in mind as a student.