3.92/2.8=1.4
Unless it’s reverse.
2.8/3.92=0.714285714285 and so on.
Answer:
The question is about the least amount to charge each policyholder as premium
The least premium is $484
Step-by-step explanation:
The least amount of premium to charge for this policy is the sum of the expected values of outcome of both instances of policyholder dying before the age of 70 and living after the age of 70 years
expected value of dying before 70 years=payout*probability=$24,200*2%=$484
Expected of living after 70=payout*probability=$0*98%=$0
sum of expected values=$484+$0=$484
Note that payout is nil if policyholder lives beyond 70 years
The premium of $573 means that a profit of $89 is recorded
Answer:
Speed is 171.6 ft/s and distance is 1716 feet
Step-by-step explanation:
Given that,
The speed of a parachute = 117 miles per hour.
1 mph = 1.47 ft/s
117 mph = 171.6 ft/s
We need to find the distance it travel during 10 s. We know that the distance covered is equal to the product of speed and time taken. So,
d = vt
Hence, this is the required solution.
Answer:
£510
Step-by-step explanation:
Simple interest = (principal × rate × time) / 100
Principal = £1700
Rate = 10%
Time = 3 years
Simple interest = (principal × rate × time) / 100
= (1700 × 10 × 3) / 100
= 51,000/100
= 510
Simple interest = £510
Do you know how to solve it because I can't see the problem
