1. 30 + 30
2. 20 + 40
3. 12 * 5
4. 300/5
(Bonus)
5. 10 + 50
Isolate the x. Note the equal sign. What you do to one side, you do to the other.
Subtract 8 from both sides
x + 8 (-8) = -2 (-8)
x = -2 - 8
Combine
x = -10
-10 is your answer for x
hope this helps
Answer:
a) Expected Value of Claims = $32,000
b) Average premium per claim, in order to break-even on claim costs
= $5,333.33
c) To make a profit of $60 per policy (i.e. a total profit of $360 ($60 x 6), it must charge:
= $5,393.33 per policy
Step-by-step explanation:
a) Data and Calculations:
Amount of Claim Probability Expected Value
$0 0.60 $0
$50,000 0.25 $12,500
$100,000 0.09 9,000
$150,000 0.04 6,000
$200,000 0.01 2,000
$250,000 0.01 2,500
Expected Cost of claims = $32,000
b) Average premium per claim, in order to break-even on claim costs
= Total Claim cost divided by number of policies
= $32,000/6 = $5,333.33
c) To make a profit of $60 per policy (i.e. a total profit of $360 ($60 x 6), it must charge:
Total Claim cost + Total profit / 6 or Average Premium plus Profit per policy =
= ($32,000 + $360)/6 or $5,333.33 + $60
= $32,360/6 or $5,393.33
= $5,393.33
Answer:
the angles s and r are supplementary so 180 - 40 = 140
Step-by-step explanation:
She starts off with $10.25 and gets a raise of $0.50, so she earns $10.75 per hour. Then she gets a raise of 10%, so then 10.75 x 0.10 = 1.075, so she earns $11.825 per hour. Then her third raise is $0.50 so she earns $12.325 per hour. The raise for next summer is 5%, so 12.325 x 0.05 = 0.61625, so she earns $12.94125.
She will earn about $12.94 per hour starting off next summer.
