Its a because you will add 1.25 and 0.75 because it says each and of course 18 would be what it equals
Ok so you can see 2 triangles that i highlighted, flip it so it is the same direction as you can see from the drawing
using the similar triangle equation
you get
136/64 = x/136
cross multiply and get
64x=18496
x=289
hope it help
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.
Answer:
whole number or an integer.
Step-by-step explanation: hope this helps.
