Answer:
sorry if I'm wrong but I think its a=1/6
Find the greatest common factor. For this it would be 11/4
Answer:
Avicenna can expect to lose money from offering these policies. In the long run, they should expect to lose ___33__ dollars on each policy sold
Step-by-step explanation:
Given :
The amount the company Avicenna must pay to the shareholder if the person die before 70 years = $ 26,500
The value of each policy = $497
It is given that there is a 2% chance that people will die before 70 years and 98% chance that people will live till the age 70.
The expected policy to be sold= policy nominal + chances of death
= 497 + [98% (no pay) + 2% (pay)]
= 497 + [98%(0) + 2%(-26500)]
(The negative sign shows that money goes out of the company)
= 497 - 2% (26500)
= 497 - 530
=33
Therefore the company loses 33 dollar on each policy sold in the long run.
I think it’s B but I’m not sure
Considering the given linear function, we have that:
- The change for each copy that he sells is of $120.
- If he sells no copies, he makes $2400.
<h3>What is a linear function?</h3>
A linear function is modeled by:
y = mx + b
In which:
- m is the slope, which is the rate of change, that is, by how much y changes when x changes by 1.
- b is the y-intercept, which is the value of y when x = 0, and can also be interpreted as the initial value of the function.
His payment for x copies bought is:
y = 120x + 2400.
Hence:
- The change for each copy that he sells is of $120, as the slope is of $120.
- If he sells no copies, he makes $2400, which is the y-intercept.
More can be learned about linear functions at brainly.com/question/24808124
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