Suppose that the probability that a person will die in the next 20 years is
8.1393%. If this person has a life insurance policy that will pay out $50,000 to
the beneficiaries of the policy if the person dies in the next 20 years, what is
the premium of the policy? Assume that the administrative costs of the poticy
amount to $55.

A. 4824.65
B. 25,000
C. 4536.30
D. 4124.65

Answers

Answer 1

Answer:

Step-by-step explanation:

b is the answer

Answer 2

The premium of the policy is $4,124.65.

Option D is the correct answer.

What is an expression?

An expression contains one or more terms with addition, subtraction, multiplication, and division.

We always combine the like terms in an expression when we simplify.

We also keep all the like terms on one side of the expression if we are dealing with two sides of an expression.

Example:

1 + 3x + 4y = 7 is an expression.

3 + 4 is an expression.

2 x 4 + 6 x 7 – 9 is an expression.

33 + 77 – 88 is an expression.

We have,

The premium of an insurance policy is calculated based on the probability of an event occurring and the amount that will be paid out if the event occurs.

To calculate the premium of the policy in this case, we can use the following formula:

Premium = (Payout + Administrative Costs) x Probability of Event

Where:

Payout = $50,000

Administrative Costs = $55

Probability of Event = 8.1393% = 0.081393 (in decimal form)

Substituting these values into the formula, we get:

Premium = ($50,000 + $55) x 0.081393

Premium = $4,124.65

Therefore,

The premium of the policy is $4,124.65.

Learn more about expressions here:

https://brainly.com/question/3118662

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Related Questions

Choose the property illustrated.

(5 + 3) + 8 = 5 + (3 + ? )

Associative Property of Addition

Commutative Property of Addition

Distributive Property

Identity Property of Addition

Answers

Answer:

Associative Property of Addition

Step-by-step explanation:

Change of grouping is the associative property.

Heyyy! I'm Ash and I'm here to help YOU!! <3

Answer:

Associative Property of Addition. UwU

Step-by-step explanation:

According to My sources the sum of three or more numbers remains the same regardless of how the numbers are grouped.

(5 + 3) + 8 = 5 + (3 + ? )

How ever you do rearrange the number it will the answer will still be 16!

I hope this helps! =w=

Have a great Night!

Answered by:

AshTheNeko <3

SUBTRACT 99 POINTS FROM MIXED NUMBERS, PLEASE PROVIDE PROOF!

SUBTRACT 99 POINTS FROM MIXED NUMBERS, PLEASE PROVIDE PROOF!

Answers

Answer:

2 5/18

Step-by-step explanation:

7 2/3 - 3 1/6 - 2 2/9 =                    Given    7 12/18 - 3 3/18 - 2 4/18 =              Bring to common denominator of 18(7 - 3 - 2) + (12 - 3 - 4)/18  =           Group integers and fractions2 + 5/18 =                                       Simplify2 5/18                                            Answer
The correct answer is 2 5/18

The first step is to find a common denominator. (I will be using • to represent multiplication) The lowest common denominator that 3, 6, and 9 share is 18.
3 • 6 = 18
6 • 3 = 18
9 • 2 = 18

To rewrite your numbers using 18 as a denominator, you must multiply the numerator and denominator by the same number.
Since 3 • 6 = 18, 7 2/3 will be rewritten as
7 12/18 (since 2 • 6 = 12) we don’t have to worry about the whole number (7), so leave it as it is.

3 1/6 can be rewritten as
3 3/18, since 6 • 3 = 18 and 3 • 6 = 18
Once again we leave the whole number alone

2 2/9 can be rewritten as
2 4/18, since 9 • 2 = 18 and 2 • 2 = 4

Now we simply subtract our whole numbers and our fractions. Let’s first subtract our whole numbers.

7 - 3 - 2 = 2

Now we can subtract our fractions. Remember that when we subtract fractions, the denominator stays the same. In other words, we only subtract the numerator and ignore the denominator.

12/18 - 3/18 - 4/18 = 5/18

Therefore youre solution is

2 5/18

If you have any questions either about this equations or any other problems within this topic just reply under this answer and I’ll do my best to assist you! Hope this helps and good luck!

WILL GIVE BRAINLY
Estimate the sum or difference. Use the benchmarks 0, one-half, and 1.
start fraction 2 over 15 end fraction + Start Fraction 13 over 30 End Fraction

Answers

Answer

Estimate of 15/30

real answer 1/2

Step-by-step explanation:

Translate the following phrase to a mathematical expression.

a number times fifteen

(A) 15 n
(B) 15 + n
(D) 15 ÷ n
(C) n15

Answers

Answer:

I think C

Step-by-step explanation:

A number times fifteen would be n • 15 or just n15.
The reason it is not 15n
is because it asks a "number" which in this case is represented by  the letter n. That letter is now multiplied (times) by 15. So therefore the number "n" times 15 is n15.

Please
hit brainliest or thanks, it would help me out.

#Learnwithbrainly

Complete the equations with powers of 10.

Complete the equations with powers of 10.

Answers

Answer:

10³

10²

10¹

Step-by-step explanation:

411.92×1000=411,920

411.92×100=41,192

411.92×10=4,119.2

Answer:

10³

10²

10

Step-by-step explanation:

411.92 × 10³ = 411920

411.92 × 10² = 41192

411.92 × 10 = 4119.2

I need help, please quickly

I need help, please quickly

Answers

Answer: The ratio is 18:3

Step-by-step explanation:

Answer:  6 to 1

Step-by-step explanation:

A ratio refers to a fraction. In this case the question asks how many players to coaches there are.

The word "to" means that is where the fraction bar goes.

Players/Coaches

There are 18 players and 3 coaches.

18/3

18 can be divided by 3, 6 times so the fraction can be simplified to

6/1 meaning there are 6 players for every coach.

What is the value of (-4/5 - 5/6) ÷ 2/3 show all your work.

Answers

Answer:

-49/20

Step-by-step explanation:

it will be -49/20 or -2 9/20 as -4/5-5/6 will be -49/30 and the division will turn into multiplication with vice versa of 2/3 which will be 3/2 and when you simplify it and multiply the answer will be -49/30

Answer: -2.45

Step-by-step explanation:

cause first do this (-4/5)-(5/6)/ (2/3)=2.45 i hope you like it leave a comment please

Which list orders the numbers from least to greatest?

Negative 2.4, negative 1.5, negative 2 and one-fourth, negative 3, negative 1 and one-eighth

A number line going from negative 4 to positive 4.
Negative 1 and one-eighth, negative 1.5, negative 2 and one-fourth, negative 2.4, negative 3
Negative 3, negative 2.4, negative 2 and one-fourth, negative 1.5, negative 1 and one-eighth
Negative 3, negative 2 and one-fourth, negative 2.4, negative 1 and one-eighth, negative 1.5
Negative 1.5, negative 1 and one-eighth, negative 2.4, negative 2 and one-fourth, negative 3

Answers

Negative 3, negative 2.4, negative 1.5, negative 2 and one-fourth, negative 1 and one-eighth


Hope my answer helps you✌️

Negative 3, negative 2 and one-fourth, negative 2.4, negative 1 and one-eighth, negative 1.5 is the list that orders the numbers from least to greatest.

Find the measures of the exterior angels of the polygon. PLEase help give right answer please

Find the measures of the exterior angels of the polygon. PLEase help give right answer please

Answers

The answer is 19. x=19

James recorded the distance he ran each day:

Monday - 2.05 miles

Tuesday - 1.8 miles

Wednesday - 1.45 miles

Thursday - 0.923 miles

Friday - 2.55 miles

What is the difference between his longest distance and shortest distance?

Answers

Answer:

1.627 miles is the difference

Michael decided to make French toast. He finds a recipe that calls for the following ingredients:

FRENCH TOAST
12 slices of bread
4 eggs
1 cup of milk
1 teaspoon of cinnamon

Michael makes a single recipe and shares the food equally among himself AND his six family members. How many slices of French toast does each person receive?

Each person gets 2 slices of French toast.

Each person gets 5/2 slices of French toast.

Each person gets 1 5/7 slices of French toast.

Each person gets 1/2 slice of French toast.

Each person gets 12 slices of French toast.

Each person gets 5 slices of French toast.

Answers

Answer:

Hm. I'd have to say 2 each. Because the recipe calls for 12 pieces of bread, and 12 divided among 6 is 2.

2 slices because you whoever commented is right 12 divided by 6 is 2

I need help with this question, I'm not very good at math and all help is appreciated!

I need help with this question, I'm not very good at math and all help is appreciated!

Answers

Answer:

A

Step-by-step explanation:

We can solve for H by isolating it on one side of the equation, as follows:

J/H - I/H = G

Taking H as the common denominator:

(J - I)/H = G

Multiplying both sides by H:

J - I = GH

Adding I to both sides:

J = GH + I

Dividing both sides by G:

H = (J - I)/G

So the answer is

(A)

H = (J - I)/G.

Answer:   A

Step-by-step explanation:

\(\frac{J}{H} = G + \frac{I}{H}\)                >Since you are solving for H bring I/H to the other side

                                   by subtracting I/H from both sides

\(\frac{J}{H}- \frac{I}{H} = G\)               >There is a common denominator so you can

                                   combine the fractions

\(\frac{J-I}{H} = G\)                   >Multiply both sides by H or cross multiply whichever

                                  way your mind things about how to get H on top

\(J-I = G(H)\)           >Divide both sides by G

\(\frac{J-I}{G} = H\)                   >Answer is A

Max says that the product of 3/2 x 3/8 is less than 3/8. Is Max correct?

Answers

Answer:

no

Step-by-step explanation:

max isnt correct

Answer:

no

Step-by-step explanation:

2/3 * 3/8 = 1/4= 0.25

For a school project, Derek is investigating cell phone use in his hometown, Somerville. So far, he has found that the residents of Somerville used their cell phones for 11,609 minutes this year. Compared to last year, that is 30% more. For how many minutes did the residents of Somerville use their cell phones last year?

Answers

Answer:

Therefore, the residents of Somerville used their cell phones for approximately 8,930 minutes last year.

Step-by-step explanation:

To find out how many minutes the residents of Somerville used their cell phones last year, we can use the information given that this year's cell phone usage is 30% more than last year's.

Let's assume the cell phone usage last year was represented by the variable "x" (in minutes).

According to the information given, this year's cell phone usage is 30% more than last year's, so we can express this as:

x + 0.3x = 11609

Combining like terms, we have:

1.3x = 11609

To isolate the variable, we divide both sides of the equation by 1.3:

x = 11609 / 1.3

Simplifying the calculation, we find:

x ≈ 8930

Answer:

Therefore, the residents of Somerville used their cell phones for approximately 8,930 minutes last year.

Step-by-step explanation:

To find out how many minutes the residents of Somerville used their cell phones last year, we can use the information given that this year's cell phone usage is 30% more than last year's.

Let's assume the cell phone usage last year was represented by the variable "x" (in minutes).

Serena was planning out her model railroad setup, and wants to be able to boast about it on her social media. She wants the centerpiece to be a scaled down version of Union Station, but wants to make sure she has enough space in her grandfather's basement. Her railroad is in N Scale, 1:160 (one foot on the model is 160 feet in real life). If Denver's Union Station is 495 feet long, how many inches long will the model be as a mixed number?​

Answers

Answer:4

Step-by-step explanation:

Answer:

idk sorry

Step-by-step explanation:

HELPP QUICK PLS! (50 points and BRAINLY IF ANSWERED CORRECTLY; both; WITH WORK!!!) Silly answers will be reported!

HELPP QUICK PLS! (50 points and BRAINLY IF ANSWERED CORRECTLY; both; WITH WORK!!!) Silly answers will
HELPP QUICK PLS! (50 points and BRAINLY IF ANSWERED CORRECTLY; both; WITH WORK!!!) Silly answers will

Answers

Answer:

Area of triangle:

(b*h)/2

(16.8 * 14.6)/2 =

122.64m^2

Area of trapezoid:

(a+b)/2*h

(6.7 + 13.6)/2 * 12 =

121.8m^2

Answer: Area of triangle:(b*h)/2(16.8 * 14.6)/2 = 122.64m^2Area of trapezoid:(a+b)/2*h (6.7 + 13.6)/2 * 12 =121.8m^2

Step-by-step explanation:

Help me please! Will give 20 Brainly points!

Help me please! Will give 20 Brainly points!

Answers

The first one would be 5 and the second is 3 thanks and mark as brainiliest

what is 2 × 4 = blank × 2?

Answers

4 bcz 2 Times 4=8 and 4 times 2 =8
It’s 4. Because 2•4=8 so 4•2 would also equal 8

Justin and his friend Dan went to the movies. If they each bought popcorn for $4.25 and a soda for $2.25, what was their total bill after adding 5 ¼ % sales tax?

Answers

Answer:$6.84

Step-by-step explanation:

$4.25 + $2.25 = $6.50

5 1/4% in decimal form is 5.25%

6.50 multiplied by 5.25% = $0.34

$6.50 + $0.34 = $6.84

The answer is £6.82.

The weight of a small bag of raisins is 0.3 times the weight of a large bag. The large bag weighs 0.8 of a pound. What is the weight of the small bag? Solve this problem any way you choose, pls help.

Answers

Answer:

0.24 pounds

Or

3.84 ounces

Step-by-step explanation:

0.8 x 0.3 = 0.24 of a pound

In a pile of playing cards, there are six hearts, twelve clubs, and six diamonds. What is the probability that you will draw a heart?
1/2
1/6
1/4
1/3

Answers

Answer:

Step-by-step explanation:

1/4 because all equal 24 together

and so

12 is half so pulling a club would be 1/2

6 is a fourth so pulling a diamond or heart would be 1/4

because 6x2=12 so pulling a diamond or heart would be 50 - 50 from pulling a heart/diamond or a club

6=cards

2=diamonds and hearts

The probability of drawing a heart from the pile of 52 cards is 0.25.

The ratio of the number of favorable outcomes to the total number of outcomes of an event is defined as probability.

We know, the probability of an event = Number of favorable outcomes/Total number of outcomes.

As it is given that there are 6 hearts, 12 clubs, and 6 diamonds in a pile of playing cards.

Therefore, the total number of outcomes = 6+12+6= 24

and number of favorable outcomes = 6

Now, the probability of an event = 6/24

= 1/4

= 0.25

Therefore, the probability of drawing a heart is 0.25.

To learn more about the probability, visit:

brainly.com/question/11234923.

Please answer this for me!!

Please answer this for me!!

Answers

Answer: a=1/2bh+lw

Step-by-step explanation:

the 1/2bh works for a right-angled triangle but we have that and also part of a square or rectangle, so we added a little onto that area and boom a=1/2bh+lw is the answer.

the difference between solving for surface area and solving for volume

Answers

Answer: The Surface Area is a sum total of Area of the planes that form a surface/shape while Volume is the space enclosed within a figure/shape/surface.

The Surface Area is a 2-Dimensional concept with units m², cm² or mm² where as Volume is a 3-Dimensional concept with m³, cm³ or mm³ as units.

Surface area and volume are calculated for any three-dimensional geometrical shape. The surface area of any given object is the area or region occupied by the surface of the object. Whereas volume is the amount of space available in an object.

Vito has an 8-inch by 10-inch piece of cardstock. He cuts it in the shape shown below and folds it on the dotted lines. He tapes the slides to make the box shown below. What is the surface area of the box?

Vito has an 8-inch by 10-inch piece of cardstock. He cuts it in the shape shown below and folds it on

Answers

Answer:

52 square inches

Step-by-step explanation:

you measure each side and do 2 times 3 twice and add them together, then you do 2 times 4 twice and add them together, then you do 4 times 3 twice and add all the numbers together and then you get 52

Jose traveled from his home in Ocala to Gainesville, Gainesville is 37 miles
due north of Ocala North is considered a positive and south is
considered a negative direction. What integer value would represent the
direction and the distance as Jose's traveled back home from Gainesville to
Ocala?

Answers

Answer:

-37 due south

Step-by-step explanation:

The answer is -37 south hope this helps

The circle graph describes the distribution of preferred transportation method from a sample of 300 randomly selected San Francisco residents.

circle graph titled San Francisco Residents' Transportation with five sections labeled walk 40 percent, bicycle 8 percent, streetcar 15 percent, bus 10 percent, and cable car 27 percent

Which of the following conclusions can be drawn from the circle graph?

Cable Car is the preferred transportation for 75 residents.
Bicycle is the preferred transportation for 30 residents.
Together, Streetcar and Bus are the preferred transportation for 25 residents.
Together, Bus and Bicycle are the preferred transportation for 54 residents.

Answers

Answer: Together, Streetcar and Bus are the preferred transportation for 25 residents.

Step-by-step explanation: The streetcar is preferred by 15 and the bus is preferred by ten which together equals 25 residents.

I agree with that person

Which lines have a slope of 1/2?

Which lines have a slope of 1/2?

Answers

Answer:

c and d

Step-by-step explanation:

rise/run

for every 2 that c and d progress positive on the x-axis, it only rises 1 on the y-axis

Please help, I don't have much to give but I'm really struggling to understand this.

Please help, I don't have much to give but I'm really struggling to understand this.

Answers

Here is your answer
Please help, I don't have much to give but I'm really struggling to understand this.
2187^4 if you simplify (3^7) bc its in the parenthesis

pleaseeeeee help thank you
what are some product name ideas for food in a box? (like snacks)

Answers

dorit-its

Why;

Doritos and cheez its are the best!

Any cereal, goldfish, cheez-itz, crackers

Hope this helps!!

A 4-cup bottle of bleach costs $1.28. What is the price per fluid ounce?
IXL

Answers

Answer:

$.04 per fluid ounce

Step-by-step explanation:

We need to change cups to fluid ounces.  

1 cup = 8 fluid ounces

4 cups = 4*8 = 32 fluid ounces

We get 32 fluid ounces for $1.28

$1.28/32 fluid ounces

$.04 per fluid ounce

0.4 per ounce I think
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