Answer:
$7120 or $7565 is the minimum average premium they should charge per policy holder
Step-by-step explanation:
Small business can charge 80-85% of the total value of the policy as premium.
In this case the spending per policy holder is $8900
Hence, per policy holder has to pay a premium of
80-85% of $8900
$7120 or $7565 is the minimum average premium they should charge per policy holder
3y=−4x+2
y = -4x/3 + 2/3
y = 3x/4 + 2/3
so the slope is 3/4 remember that perpendicular slope is just the opposite reciprocal of the original slope given.
1 divided by 18 is .111111111
I have attached a diagram of the triangle described.
We can use any of the trigonometric functions to find angle x. Remember, SOH CAH TOA. And since we're finding the angle, we'll need to use an inverse trigonometric function. For this problem, I'll be using the sine function.
sin(x) = 84 / 85
x = sin^-1(84/85)
x = 81.2026 degrees (feel free to round to however many places you need)
Hope this helps!! :)