Answer:
The answer is B.-3/2
Please correct me If I am wrong
Step-by-step explanation:
I use 
Also, you automatically know that the line is decreasing
Answer:
The question is about the least amount to charge each policyholder as premium
The least premium is $484
Step-by-step explanation:
The least amount of premium to charge for this policy is the sum of the expected values of outcome of both instances of policyholder dying before the age of 70 and living after the age of 70 years
expected value of dying before 70 years=payout*probability=$24,200*2%=$484
Expected of living after 70=payout*probability=$0*98%=$0
sum of expected values=$484+$0=$484
Note that payout is nil if policyholder lives beyond 70 years
The premium of $573 means that a profit of $89 is recorded
Answer:
21 is 20% of 105
Step-by-step explanation:
20% * x = 21
20/100 * x = 21
x = 21 * 100/20
x = 105
If you are using a calculator, simply enter 21×100÷20, which will give you the answer.
Answer:
there are 0 solutions to the equation
Step-by-step explanation:
To know how many solutions are in the problem, we have to solve for x and see what result we have left. According to the result, we will know how many solutions there are
8x + 47 = 8(x + 5)
8x + 47 = 8*x + 8*5
8x + 47 = 8x + 40
8x - 8x = 40 - 47
0 = -7
As we can see we are left with an equality that is not fulfilled, this means that there is no solution to the problem, at least in the field of real numbers
