Answer:
The profit of the company will be $224.85
Step-by-step explanation:
Let the equation of profit be termed as E(x)
we are given
amount of purchasing the policy (let a)= $1000
probability that women will live for at least 1 year (let b) = 0.9581
amount lost by insurance company if the women dies (let c) = 18,500-1000 = 17,500
the probability woman dies within one year (let d) = 1-0.9581=0.0419
the equation will be
E(x) of profit= a*b - c*d = 1000*0.9581 - 17500*0.0419
= 958.1 - 733.25
= 224.85
12 multiplied by 12 equals 144.
Answer:
$2.75
Step-by-step explanation:
A quarter's value as placed on it by the U.S. Treasury Department is $0.25, or 1/4 of a dollar.
Henry had 15 quarters, in which he gives his sister 4: 15 - 4 = 11
Henry now has 11 quarters. Multiply 11 with 0.25: 11 x 0.25 = 2.75
Henry has $2.75
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Answer: Check attached picture
Step-by-step explanation:
Answer:20
Step-by-step explanation:
