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:
6
Step-by-step explanation:
-3 x (8 + [-10]) =
-3 x (8 - 10) =
-3 x -2 =
6
HOpe that helps!
Answer:
x = 8, y = 27
Step-by-step explanation:
Since both opposite lines are equal in length to each other, these opposite lines are parallel to each other. The top line is parallel and same length as the bottom line and the left and right lines are also parallel and equal in length.
Based on that, the two left side angles must equal 180 and the right side two angles must equal 180.
(2y + 24) + (3y + 21) = 180
That's the same as 2y + 24 + 3y + 21 = 180
Simplify to 5y + 45 = 180
Subtract 45 from both sides
5y = 135
y = 27
(16x - 26) + (9x + 6) = 180
16x - 26 + 9x + 6 = 180
25x - 20 = 180
25x = 200
x = 8
The answer is 0, as there is no slope going up or down.
Answer:
A) y = x - 3/4
Step-by-step explanation:
The equation of the line with slope m and intercept b is
y = mx + b
Here were have slope = m = 1.
y-intercept = b = -3/4
Equation:
y = mx + b
y = 1x + (-3/4)
y = x - 3/4
Answer: A) y = x - 3/4
