The length is 7 and the width is 3
Answer:
1. The expected pay-out on each policy is 250 * 1/90 + 12000 * 1/100 + 17000 * 1/400 = $165. So that's what the premium would have to be in order to get a profit of 0.
2. The profit per policy is the premium the company receives minus the expected payout = 350 - 165 = $185.
3. The expected profit on 375 policies would be 375 * 185 = $69375
Step-by-step explanation:
Answer:
Multiply the number of inches on the map times the scale to determine the true distance. For example, if the distance on the map was 5.5 inches and the scale was 1:6,336,000, the true distance would be 550 miles. To convert an area, convert the dimensions using the scale and then find the true area.
Answer: The number is 192
Step-by-step explanation:
Answer:
4b² - 16
Step-by-step explanation:
The formula to find the area of a parallelogram equals 
, where b = base and h - height. We're given the base as 2b + 4 and the height as 2b - 4.
Therefore, the answer is 4b² - 16.
