I think u have to multiply both side by 1x to get rid of the x so the answer is the first one, 1
Answer:
0
Step-by-step explanation:
f(0) = -2(0)²
= -2(0)
= 0
Just add up all the numbers
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
You take 5/16 division you change it in matplication 3 goes up and 2 comes down so you numbers will be
5/16 times 3/2 you take 5 time3 is 15 and 16 times 2 is 32
So ur answer will be 15/32
