Answer:
about $145.33
Step-by-step explanation:
Consider a group of 15 customers. They will pay ...
15 × $258 = $3870
in premiums each year.
One-third of those, 5 customers, will submit claims for fillings, so will cost the insurance company ...
5 × $110 = $550
And 80% of them, 12 customers, will submit claims for preventive check-ups, so will cost the company ...
12 × $95 = $1140
The net income from these 15 customers will be ...
$3870 -550 -1140 = $2180
Then the average income per customer is this value divided by the 15 customers in the group:
$2180/15 = $145.33
_____
<em>Alternate solution</em>
Above, we chose a number of customers that made 1/3 of them and 4/5 of them be whole numbers. You can also work with one premium and the probability of a claim:
258 - (1/3)·110 - 0.80·95 = 145.33
Answer:
General Formulas and Concepts:
<u>Pre-Algebra</u>
Order of Operations: BPEMDAS
- Brackets
- Parenthesis
- Exponents
- Multiplication
- Division
- Addition
- Subtraction
<u>Algebra I</u>
Terms/Coefficients
Step-by-step explanation:
<u>Step 1: Define</u>
<em>Identify.</em>
<em />
<em />
<em />
<em />
<em />
<u>Step 2: Find Combined Volume</u>
- [Set up] Add:
- Substitute in variables:
- Combine like terms:
Answer: 3
Step-by-step explanation:
In 5 years, Jumoke will be 16. 16 divided by 2 is 8. Amina will be 8 in 5 years. If we subtract 5 from 8, we see that Amina is 3 currently.
Turn the percentage into a decimal.
40% = 40÷100 = 0.4
Then multiply it with your no.
36x0.4 = 14.4
You put the -2 over a 1, and a 1 under the -3. On the y axis, go to -2 and put a dot. Go down three, and right one. To go up, you go up three and left one.
