Here we are given the information that an insurance agent receives 16% commission on every premium paid.
Now we are given that a premium of $497.69 is paid.
Let us say $x is the commission paid on the policy with a premium of $497.69.
Let us try to find the amount x here.
So we have to find 16% of 497.69 to get the commission amount x.
So finding 16% of 497.69.
x= 16% of 497.69 = 0.16*497.69 = 79.63
Answer: Commission of $79.63 is paid on a policy with a premium of $497.69.
Answer: 17, 19, 21 and 23
Step-by-step explanation:
Let x-3, x-1, x+1 and x+3 be 4 consecutive odd numbers.
Now,
According to question, their sum is 80.
x-3 + x-1 + x+1 + x+3 = 80
4x = 80
x = 20
Four consecutive odd numbers are,
x-3, x-1, x+1 and x+3
20-3, 20-1, 20+1 and 20+3
17, 19, 21 and 23