Answer:
x=1
You solve for x by cross multyplying
It can be cut into nine different pieces that size with no rope left over
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: -9
Step-by-step explanation: You are not doing 3(-2) to get -6. That's incorrect. What you are supposed to do is multiply the base which is 3 and then multiply it with -2 so that would 3(3) twice and don't forget the negative in front of the two so that would be -9 as the correct answer. :)
So, in an easier way to say it
4 × 5 × -2
You would start by doing
4 × 5 = 20
Then,
20 × -2 = 40
So your answer is -40
Hope I helped ♥
