Answer:
43.8
Step-by-step explanation:
Answer:
a). The company's percentage=60%
b). The total premium=$812.50
c). The company's payment=$487.50
Step-by-step explanation:
a).
The total premium can be expressed as;
T=H+R
where;
T=proportion of total premium
H=proportion paid by Harold Wagner
R=remaining proportion
In our case;
T=100%
H=40%
R=r
replacing;
100%=40%+r
r=100%-40%
r=60%
The company's percentage=60%
b).
The total premium, if 40%=$325.00
Let total premium be=t
40% of t=325
(40/100)×t=325
0.4 t=325
t=325/0.4
t=$812.50
The total premium=$812.50
c).
The company's payment=60% of total premium
The company's payment=(60/100)×812.5
The company's payment=$487.50
In the question, they give you the formula for speed...
speed = distance / time
They also give you the distance and the time, so all we have to do is stick them into the equation...
speed = 3 2/3 Km / 1/3 hour
speed = 3 2/3 / 1/3
To divide the fractions, first we need to convert 3 2/3 into an improper fraction
3 2/3 = 11/3
now we multiply 11/3 x the reciprocal of the divisor 1/3. The reciprocal just means flip the numerator and denominator
speed = 11/3 x 3/1
speed = 33/3
speed = 11 Km/hour
2015-2000=15 years
P=100,350,000×(1+0.017)^(15)
P=129,220,575.43
