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likoan [24]
3 years ago
10

Find the Lowest Score bounding upper 5%. The mean is 35 and the SD is 7

Mathematics
1 answer:
nydimaria [60]3 years ago
5 0

Answer:

get the mean deviation

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Dad bought $200,000 of term life insurance at the rate of $5.40 per thousand-dollar unit. How much is the annual premium?
irina1246 [14]

Answer:

It is clear that the annual premium = $1080

Explanation:

Given:

As the total term amount for life insurance is given in the question which is $200,000

rate per $1000 unit = $5.40

<em><u>Simple Calculation Procedure to get the annual premium: </u></em>

First step:  

Let’s assume $1000 is one unit and the mentioned rate per $1000 unit is $5.40. Now, all you need is to find total number of $1000 units in total term insurance amount ($200,000).  

So,  

divide $200,000 by $1000 to establish the total number of  

1000 units in $200,000 = $200,000/$1000 = 200  

Second step:

As 200 is found to be the total number of $1000 units in $200,000.

So, just multiply 200 with $5.40 to ultimately find the annual premium

            i.e. $5.40 × 200 = $1080

Hence, it is clear that the annual premium = $1080

Keywords: life insurance, annual premium, premium term rate

Learn more about annual premium from brainly.com/question/13633924

#learnwithBrainly

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The letters G E O R G I A are placed in a bag . If you picked a card and knew it was a vowel , what is the probability that it i
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