Answer:
35.35%
Step-by-step explanation:
If there were no deductibles, the expected claim payment would be:
If the collision insurance claim is under $2,000, then the insurer would not pay anything, but if X > $2,000, then the insurer would pay X - $2,000. The new expected value is:
The percentage reduction on the claim payment is:
There was a 35.35% reduction.
(x-5,y+8)
the x basically decreased- to the left
and y increased- upwards
<h3>Hello there!</h3>
We are trying to find how much Mike earns when he worked for 10 hours
Lets make an equation out of the given information in the question.
We know that:
- Earns $15 each hour
- $25 bonus
We would format it as y = mx + b
Our equations would be y = 15x + 25
"x" being the amount of hours he worked
We know that he worked 10 hours, so we would plug 10 into x.
Then, we can solve.
y = 15(10) + 25
y = 150 + 25
y = 175
<h3>Answer: $175</h3><h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3>
Answer:
7a
Step-by-step explanation:
