Your answer will most likely be A
Answer:
x = 12
y = 4
Step-by-step explanation:
x + y = 16
x - y = 8
y + 8 = x
Replace x with y + 8 in the new equation
8 + 2y = 16 ----> we can minus 8 on both sides
2y = 8 -----> divide both sides by 2
y = 4
Now for the x value
x + 4 = 16 ----> minus 4 on both sides
x = 12
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
LAW 2: The second law of indices tells us that when dividing a number with an exponent by the same number with an exponent, we have to subtract the powers. In algebraic form, this rule is as follows . The a represents the number that is divided by itself and m and n represent the powers.
Answer:=x2−2x−24
Step-by-step explanation:
=x2−2x−24
