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Romashka-Z-Leto [24]
2 years ago
14

A small business wants to meet the minimum medical loss ratio required. If projections show that the business will pay out an av

erage of $8,900 per policy holder in health care claims, what is the minimum average premium they should charge per policy holder?
Mathematics
1 answer:
timama [110]2 years ago
5 0

Answer:

$7120 or $7565 is the minimum average premium they should charge per policy holder

Step-by-step explanation:

Small business can charge 80-85% of the total value of the policy as premium.

In this case the spending per policy holder is $8900

Hence, per policy holder has to pay a premium of

80-85% of $8900

$7120 or $7565 is the minimum average premium they should charge per policy holder

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Timmy is helping his grandpa on his chicken farm. Timmy has to pack 66 eggs into cartons, minimizing the packing cost. He can us
Orlov [11]

The way to distribute the eggs at the lowest cost would be using 5 cartons of 12 eggs and 1 carton of 6 eggs.

Since Timmy is helping his grandpa on his chicken farm, and he has to pack 66 eggs into cartons, minimizing the packing cost, and he can use 12-egg cartons and 6-egg cartons, and two 12-egg cartons cost as much as three 6-egg cartons, to determine how many cartons of each should be used, the following calculation must be performed:

  • 2 x 12 = 3 x 6
  • 24 = 18
  • Thus, assuming as an example that a total of 2 cartons of 12 eggs and 3 cartons of 6 eggs cost $ 3, the value of each carton would be the following:
  • 3/3 = 1
  • 3/2 = 1.5  
  • 66/12 = 5.5
  • 5 x 1.5 + 1 x 1 = X
  • 7.5 + 1 = X
  • 8.5 = X

In this way, the way to distribute the eggs at the lowest cost would be using 5 cartons of 12 eggs and 1 carton of 6 eggs.

Learn more in brainly.com/question/4397825

5 0
2 years ago
The area of a rectangle is 105 square units. Its width measures 7 units. Find the length of its diagonal. Round to the nearest t
mezya [45]

Answer:

16.6

Step-by-step explanation:

The rectangle has an area of 105. It's width is 7.

1: Find the length

     \frac{area}{width}=length

     \frac{105}{7}= 15

      Length=15

2: Pythagorean theorem

      a^{2} +b^2=c^2

       7^{2}+15^2=c^2

       49+225=c^2

        275=c^2

         \sqrt{275} = \sqrt{c^2\\}

          16.55≈c

           Rounded to nearest tenth

              16.6

6 0
3 years ago
I need someone to solve this problem for me please
Amiraneli [1.4K]
First, solve the area of the entire large rectangle (28)(45) = 1260
Next, find the area of the chunk that is cut out (11)(15) = 165
- we know the width is 15 because 45 - 6 - 24
Subtract the cut out piece from the overall rectangle 1260 - 165 = 1095
7 0
3 years ago
Read 2 more answers
(5x²-4x-1)+(2x²-3x+6) simplified
Lady bird [3.3K]
Answer: 7x² - 7x + 5
3 0
2 years ago
What are the center and radius of the circle defined by the equation<br> x2 + y2 - 6x+By+21=0 ?
podryga [215]

    (x-3)2+(y+B2)2+By=-12+B24

5 0
3 years ago
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