Step-by-step explanation:
Answer:
The expected loss is $6980
Step-by-step explanation:
From the question we are told that
The chance that a customer survives another year is p =0.96
The rate at which the policy is sold is r = $85 per month
The rate at which the policy is sold per year is R = $85 * 12 per year
= $1020 per year
The amount paid the the beneficiaries is $200,000
The expected value of profit/loss for this company is mathematically represented as
substituting values
- $6980
The negative sign shows that it is a loss
Refraction is an effect that occurs when a light wave, incident at an angle away from the normal, passes a boundary from one medium into another in which there is a change in velocity of the light. Light is refracted when it crosses the interface from air into glass in which it moves more slowly.
Answer:
x = -5
Step-by-step explanation:
f(x) = -4x - 10 and f(x) = 10
Step 1: Substitute 10 for f(x)
10 = -4x - 10
Step 2: Add 10 to both sides to get x alone
10 = -4x - 10
<u>+10 +10</u>
20 = -4x
Step 3: Divide both sides by -4 to get x alone
<u>20</u> = <u>-4x</u>
-4 -4
x = -5
100=original
original-discount=sale
100%-5%=95%
61.75=95% of original
61.75=0.95 times original
divide both sides by 0.95
65=original
the original price was $65.00