Answer:
4(3) - 7 = 4(3 - 1) - 3
12 - 7 = 4(2) - 3
5 = 8 - 3
= 5
They are equivalent because when they are both simplified they have the same answer 5
ANSWER: C) 36
EXPLANATION: +7 is the sequence
Answer:
Avicenna can expect to lose money from offering these policies. In the long run, they should expect to lose ___33__ dollars on each policy sold
Step-by-step explanation:
Given :
The amount the company Avicenna must pay to the shareholder if the person die before 70 years = $ 26,500
The value of each policy = $497
It is given that there is a 2% chance that people will die before 70 years and 98% chance that people will live till the age 70.
The expected policy to be sold= policy nominal + chances of death
= 497 + [98% (no pay) + 2% (pay)]
= 497 + [98%(0) + 2%(-26500)]
(The negative sign shows that money goes out of the company)
= 497 - 2% (26500)
= 497 - 530
=33
Therefore the company loses 33 dollar on each policy sold in the long run.
Answer:
I dont know you never explain properly
Step-by-step explanation:
The photo is kinda blurry but can I have more background information about what’s going on here
