Since simple interest doesn't involve compounding, the same amount gets added on every year. So, the equation for the simple interest received is
, where
is the total interest,
is the original deposit (or "principal"),
is the interest rate, and
is the time passed in years.
Plugging in our values, we can solve for the interest rate:
Answer:
the approximate probability that the insurance company will have claims exceeding the premiums collected is 
Step-by-step explanation:
The probability of the density function of the total claim amount for the health insurance policy is given as :
Thus, the expected total claim amount 
= 1000
The variance of the total claim amount 
However; the premium for the policy is set at the expected total claim amount plus 100. i.e (1000+100) = 1100
To determine the approximate probability that the insurance company will have claims exceeding the premiums collected if 100 policies are sold; we have :
P(X > 1100 n )
where n = numbers of premium sold
Therefore: the approximate probability that the insurance company will have claims exceeding the premiums collected is
Answer:
i wish i could help you
Step-by-step explanation:
We see that the shape is made up of 2 shapes:
trapezoid and triangle
(trapezoid is on top of upside down triangle)
area of trapezoid=(1/2)(b1+b2)(h)
area of traignel=(1/2)(b)(h)
area of trapezoid
b1=14
b2=18
h= ok so total height=17 and 12 is taken up by triangle os therefor h=17-12=5
A=(1/2)(14+18)(5)
A=(1/2)(32)(5)
A=(16)(5)
A=(80)
now area of triangle
H=12
B=18
A=(1/2)(18)(12)
A=(9)(12)
A=108
add
80+108=188
total area=188mm^2
7×5(2)-1=
7×10-1=69
nth term= 69.
maybe.
