Answer:
Step-by-step explanation:
Yes this is Proportional
23 ft (1yd equals 3 ft) 7x3 is 21 plus 2 is 23
Scientific notation is the way that scientists easily handle very large numbers or very small numbers. For example, instead of writing 0.0000000056, we write 5.6 x 10-9.
So, if we are dealing with 965000000000000, then the answer would be:
9.65 x 10^14
Answer:
Avicenna can expect to lose money from offering these policies. In the long run, they should expect to lose ___33__ dollars on each policy sold
Step-by-step explanation:
Given :
The amount the company Avicenna must pay to the shareholder if the person die before 70 years = $ 26,500
The value of each policy = $497
It is given that there is a 2% chance that people will die before 70 years and 98% chance that people will live till the age 70.
The expected policy to be sold= policy nominal + chances of death
= 497 + [98% (no pay) + 2% (pay)]
= 497 + [98%(0) + 2%(-26500)]
(The negative sign shows that money goes out of the company)
= 497 - 2% (26500)
= 497 - 530
=33
Therefore the company loses 33 dollar on each policy sold in the long run.
