Answer:
The greatest common factor (GCF) of 36 and 22 is 2.
Solve for f:(i - 47/12) + f = 18
(i - 47/12) + f = f + (-47/12 + i):
f + (-47/12 + i) = 18
Subtract -47/12 + i from both sides:
Answer: f = 263/12 - i
In order to see the probaability of this we need to do an easy calculation here:
If X<span> is the price for the policy, then we proceed like this:
</span>0.982x = 0.0275*<span>31,000
</span><span>
x = 0.0275*</span><span>31,000</span><span>/0.982
Minimum ammount he can expect to pay = $868.12 </span>