In order to see the probaability of this we need to do an easy calculation here:
If X<span> is the price for the policy, then we proceed like this:
</span>0.982x = 0.0275*<span>31,000
</span><span>
x = 0.0275*</span><span>31,000</span><span>/0.982
Minimum ammount he can expect to pay = $868.12 </span>
Written out that's 2x-7 is greater than or equal to 41. Add 7 to both sides to get 2x is greater than or equal to 48. Divide both sides by 2 to get that x is greater than or equal to 24.
So you move left to right like PEMDAS when it comes to adding or subtracting either or could go first and same thing applies with multiplying and dividing so for instance in this case
47*7=329
_
329/9=36.5
