Answer:
10 years and 10 months.
Step-by-step explanation:
The annually interest rate (ia) can be converted by monthly (im) by the equation:
(1 + im)¹² = 1 + ia
(1 + im)¹² = 1 +0.01
(1 + im)¹² = 1.001 (putting ln in both sides)
ln(1 + im)¹² = ln1.001
12*ln(1 + im) = 1.0x10⁻³
ln(1 + im) = 8.33x10⁻⁵(applying "e in both sides)
1 + im = 1.00083
im = 0.00083 = 0.083%
For a investimenting, the final amount (A) can be calculated by:
Where R is the amount invested per month, i is the interest, and n the number of months:
160000 = 400 *
= 400
1.00083ⁿ - 1 = 0.332
1.00083ⁿ = 1.332 (applying ln in both sides)
n*ln1.00083 = ln1.332
8.3x10⁻⁴n = 0.2867
n = 345.4 months
345.4 months *1 yea12 months = 10 years and 10 months.
The expected value of this policy to the insurance company is $285.00.
Using this formula
Policy expected value=Insurance policy charges-[(Probability × Claim)+(Probability × Claim)]
Let plug in the formula
Policy expected value=$1,300-{(.0041)($150,000)+(.08)($5,000)]
Policy expected value=$1,300-($615+$$400)
Policy expected value=$1,300-$1,015
Policy expected value=$285.00
Inconclusion the expected value of this policy to the insurance company is $285.00
Learn more here:
brainly.com/question/19819099
Answer:
<h2><em>
30page essay/min</em></h2>
Step-by-step explanation:
Speed is the change in distance of a body with respect to time.
Speed = Distance/Time
If the library made a copy of leslie's 3 page essay in just 1/10 of a minute, this means that she made 3 pages in (1/10 * 60)secs i.e 6secs
To get the speed, we need to calculate the amount of page of essay that are produced in a minute (60secs).
If 3 page essay = 6secs
x page essay = 60 secs
cross multiply
3*60 = 6x
180 = 6x
x = 180/6
x = 30
<em>This shows that 30 page essays are produced in just a minute. Hence the speed of the copy machine is 30page essay/min.</em>
Check the picture below.
recall the ambiguous SSA case, as the "12" side moves, it ends up with two supplementary angles on the base.
-1/2 ÷9/5
=-1/2*5/9
=-5/18. answer.
-1*5 =5 numerator
2*9=18 denominator
