When the insurance company want a plan with a deductible of $4,000, they need to charge a minimum of $18000 for premiums.
<h3>What is a deductible?</h3>
It should be noted that a deductible simply means the amount of money that is paid out of the pocket of the policy holder.
From the information given, each accident costs $18,000 on average. Therefore, this is the minimum amount of premium.
When they want a plan with a premium of $1,000, the amount that they'll need to charge for deductibles will be:
= (4000/18000) × 1000
= $220
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Per the plot, looks like g(-8) = 1 and g(2) = -4. Then the average rate of change of g over [-8, 2] is
(g(2) - g(-8)) / (2 - (-8)) = (-3 - 1)/10 = -2/5
When discount points are paid, the bank collects a one-time fee at closing in exchange a lower mortgage rate to be honored for the life of the loan.
The banks consider this payment to be "prepaid mortgage interest". Meanwhile, mortgage interest is tax-deductible for eligible tax-filers so, for many mortgage borrowers, there's a tax advantage to paying discount points.
X would be -14. i’m hoping that’s what you need