Answer:
Step-by-step explanation:
Try dividing the first equation by 3. The result will be identical to the second equation. Thus, we have two lines that coincide, and therefore there are an infinite number of solutions.
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
The given equation is in point-slope form.
The general form of an equation in point slope form is:

Here m is the slope and

and

are the coordinates of the point.
So in given equation the slope is 2/3, and the coordinates of point are (1,3)
Answer:
661 is for the first 308 for second 849 for last
Step-by-step explanation:
Answer:
$3628.24
Step-by-step explanation:
we use the formula for accrued value (A) with compounded interest:

where A= accrued value (principal plus the accumulated interest)
P = principal -> in our case $6000
r = annual interest rate (in decimal form) -> in our case 0.06
n = number of compoundings per year. In our case 2 (semiannually)
t = time in years -> in our case 8

Since this is the value of principal plus accumulated interest, we subtract from it the principal ($6000) to get the value of just the interest:
$9628.24 - $6000 = $3628.24