The probability that a 38-year-old white male will live another year is .99813. What premium would an insurance company charge to break even on a one-year $1 million term life insurance policy

Answers

Answer 1

Answer:

The insurance company should charge $1,873.5.

Step-by-step explanation:

Expected earnings:

1 - 0.99813 = 0.00187 probability of the company losing $1 million(if the client dies).

0.99813 probability of the company earning x(price of the insurance).

What premium would an insurance company charge to break even on a one-year $1 million term life insurance policy?

Break even means that the earnings are 0, so:

[tex]0.99813x - 0.00187(1000000) = 0[/tex]

[tex]0.99813x = 0.00187(1000000)[/tex]

[tex]x = \frac{0.00187(1000000)}{0.99813}[/tex]

[tex]x = 1873.5[/tex]

The insurance company should charge $1,873.5.


Related Questions

Use the coordinates of the labeled point to find a point-slope equation of the
line.
5
5
(-2,-5) 6.5
>
O A. y- 5 = -2(x - 2)
O B. y + 5 = 2(x + 2)
O C. y + 5 = -2(x + 2)
OD. y- 5 = 2(x - 2)

Answers

Answer:

B. [tex] y + 5 = 2(x + 2) [/tex]

Step-by-step explanation:

Point-slope equation is given as [tex] y - b = m(x - a) [/tex], where,

(a, b) = (-2, -5)

[tex] m = slope = \frac{y_2 - y_1}{x_2 - x_1} [/tex]

Using two points on the line (-2, -5) and (0, -1),

Slope (m) = (-1 -(-5))/(0 -(-2)) = 4/2

m = 2

✔️To write the equation in point-slope form, substitute a = -2, b = -5, and m = 2 into [tex] y - b = m(x - a) [/tex]

Thus:

[tex] y - (-5) = 2(x - (-2)) [/tex]

[tex] y + 5 = 2(x + 2) [/tex]

The force F (in pounds) needed on a wrench handle to loosen a certain bolt varies inversely with the length L (in inches) of the handle. A force of 40 pounds is needed when the handle is 7 inches long. If a person needs 20 pounds of force to loosen the bolt, estimate the length of the wrench handle. Round answer to two decimal places if necessary.
in inches

Answers

Answer:

14 inches

Step-by-step explanation:

Since F is inversely proportional to L,

[tex]f = \frac{k}{l} \\ when \: f = 40 \: l \: = 7 \\ \frac{k}{7} = 40 \\ k = 280 \\ when \: f = 20 \\ 20 = \frac{280}{l} \\ l = 14[/tex]

A certain list of movies were chosen from lists of recent Academy Award Best Picture winners, highest grossing movies, series movies (e.g. the Harry Potter series, the Spiderman series), and from the Sundance Film Festival and are being analyzed. The mean box office gross was $138.64 million with a standard deviation of $11.2526 million. Given this information, 98.49% of movies grossed greater than how much money (in millions)

Answers

what is the question?

a Given: △CDE, DK ⊥ CE ,CD=DE Area of △CDE = 29cm2 m∠CDE=31° Find: DK

Answers

Answer:

DK = 10.23 units (approx)

Step-by-step explanation:

(DK * (CK + KE))/2 = 29

DK * CK = 29

180 - 31 = 149

149/2 = 74.5 --> degree of other angles

tan 74.5 = DK/CK

CK * tan 74.5 = DK

CK * CK * tan 74.5 = 29

CK = 2.83591462

2.83591462 * tan 74.5 = DK

DK = 10.22597776

So DK is approximately 10.23 units.

Hope this helps!

does anyone know the answer to this?

Answers

Answer:

-32

Step-by-step explanation:

f o h

f(x) = -3x -8

h(x) = [tex]\frac{x+8}{-3}[/tex]

foh = [tex]-3(\frac{x+8}{-3} )[/tex] -8  = x+8 -8 = x

foh(-32) = -32

What is the graph of x=1

Answers

Answer:

Slope: Undefined

Step-by-step explanation:

Since  x=1

is a vertical line, there is no y-intercept and the slope is undefined.  

y-intercept: No y-intercept

Sam wants to build a unique pyramid bookend for his study. It's an oblique pyramid
with a right triangular base. The sides of the base are 3, 4, and 5 inches long. The
pyramid will fit exactly inside his bookshelf, which has a height of 18 inches. He
wishes to build the pyramid out of modeling clay. How many cubic inches of clay
does Sam need to buy?

36in^3
24in^3
62.8in^3
216in^3

Answers

Answer:

Volume of triangular pyramid = 36 inch³

Step-by-step explanation:

Given:

Sides of base triangle = 3, 4, 5 inches

Height of model = 18 inches

Find:

Volume of triangular pyramid

Computation:

Given base triangle is a right angle triangle

So,

Area of base = (1/2)(b)(h)

Area of base = (1/2)(3)(4)

Area of base = (1/2))(12)

Area of base = 6 inch²

Volume of triangular pyramid = (1/3)(Area of base)(Height of model)

Volume of triangular pyramid = (1/3)(6)(18)

Volume of triangular pyramid = 36 inch³

Find the value of x. Round to the nearest tenth.

Answers

36
i think. hope it helped sorrh if it’s wrong i’m not good at math

) dy 2x
------ = ---------------
dx yx2 + y

Answers

Step-by-step explanation:

[tex]\dfrac{dy}{dx} = \dfrac{2x}{y(x^2 + 1)}[/tex]

Rearranging the terms, we get

[tex]ydy = \dfrac{2xdx}{x^2 + 1}[/tex]

We then integrate the expression above to get

[tex]\displaystyle \int ydy = \int \dfrac{2xdx}{x^2 + 1}[/tex]

[tex]\displaystyle \frac{1}{2}y^2 = \ln |x^2 +1| + k[/tex]

or

[tex]y = \sqrt{2\ln |x^2 + 1|} + k[/tex]

where I is the constant of integration.

what is answer if 2xyx5​

Answers

Answer:

Answer is 3bu2(DeEZ)=1

Step-by-step explanation:

Solve this:


A woman was 39years old when she gave birth to a pair of twins.12 years ago,she was twice as old as the sum of the ages of the twins put together.Find their present ages.

Answers

Answer:

woman =39years

twins 0year each since 12 years ago they were not yet born

An economic instructor at UCF is interested in the relationship between hours spent studying and total points earned in a course. Data collected on 11 students who took the course last semester follow:

# of observation(s) n = 30
# of independent variable(s) = 1
SSR = 1,297 SSE= 920

Required:
Find the F test statistic.

Answers

Answer:

[tex]F = 39.47[/tex]

Step-by-step explanation:

Given

[tex]n = 30[/tex] --- observations

[tex]p = 1[/tex] -- variables

[tex]SSR = 1,297[/tex]

[tex]SSE= 920[/tex]

Required

The F statistic

This is calculated using:

[tex]F = \frac{SSR}{p} \div \frac{SSE}{n - p -1}[/tex]

[tex]F = \frac{1297}{1} \div \frac{920}{30 - 1 -1}[/tex]

[tex]F = \frac{1297}{1} \div \frac{920}{28}[/tex]

[tex]F = 1297 \div \frac{920}{28}[/tex]

Rewrite as:

[tex]F = 1297 * \frac{28}{920}[/tex]

[tex]F = \frac{1297 *28}{920}[/tex]

[tex]F = \frac{36316}{920}[/tex]

[tex]F = 39.47[/tex]

g At a certain gas station, 30% of all customers use the restroom. What is the probability that, out of the next 10 customers, (a) exactly 4 will use the restroom

Answers

Answer:

[tex]P(x=4) = 0.200[/tex]

Step-by-step explanation:

Given

[tex]n=10[/tex] --- selected customers

[tex]x = 4[/tex] --- those that are expected to use the restroom

[tex]p =30\% = 0.30[/tex] --- proportion that uses the restroom

Required

[tex]P(x = 4)[/tex]

The question illustrates binomial probability and the formula is:

[tex]P(x) = ^nC_x * p^x * (1 - p)^{n - x}[/tex]

So, we have:

[tex]P(x=4) = ^{10}C_4 * (0.30)^4 * (1 - 0.30)^{10 - 4}[/tex]

[tex]P(x=4) = ^{10}C_4 * (0.30)^4 * (0.70)^6[/tex]

[tex]P(x=4) = 210* (0.30)^4 * (0.70)^6[/tex]

[tex]P(x=4) = 0.200[/tex]

The area of a rectangle is 110 square units. Its length measures 11 units. Find the
length of its diagonal. Round to the nearest tenth of a unit.

Answers

Answer:

A

=

w

l

d

=

w

2

+

l

2

Solving for

d

d

=

l

2

+

(

A

l

)

2

=

11

2

+

(

110

11

)

2

14.86607

The length of the diagonal of the rectangle is 14.9 units.

What is a diagonal?

A diagonal is the longest line that divides a plane shape into two halves.

To calculate the diagonal of the rectangle, we use Pythagoras theorem.

Formula:

A = lw.............. Equation 1

Where:

A = Area of the rectanglel = Length of the rectanglew = width of the rectangle.

make w the subject of the equation

w = A/l.............. Equation 2

From the question,

Given:

A = 110 square unitsl = 11 units

Substitute these values into equation 2

w = 110/11w = 10 units.

Finally, to calculate the diagonal of the rectangle, we use the formula below

d² = l²+w²............. Equation 3

Given:

w = 10 unitsl = 11 units.

Substitute these values into equation 3

d² = 10²+11²d² = 100+121d² = 221d  = √221d = 14.9 units.

Hence, the length of the diagonal of the rectangle is 14.9 units.

Learn more about diagonal here: https://brainly.com/question/654982

#SPJ2

What is the solution to the linear equation?
-12 + 3b - 1 = -5 - b

Answers

Answer:

b=2

Step-by-step explanation:

b = 2

Rearrange:
3b - 13 = -b - 5

Eliminate b from right side:
3b - 13 + b = -b - 5 + b

4b - 13 = -5

Eliminate 13 on the left:
4b - 13 + 13 = -5 + 13

4b = 8

Simplify:
8 / 4 = 2

b = 2

A party supply company makes cone shaped party hats for children using thin cardboard. To the nearest square centimeter, how much cardboard is required to make the party hate use pie = 3.14.

Answers

Answer:

A. 754 cm²

Step-by-step explanation:

Amount of cardboard needed = surface area of the cone

Curved surface area of the cone = πrl

Where,

π = 3.14

r = ½(20) = 10 cm

l = 24 cm

Plug in the values into the formula

Curved surface area = 3.14 × 10 × 24 = 753.6 ≈ 754 cm²

The dress store is having a sale where all merchandise is 1/4 off. A woman buys $48 of merchandise at a sale price.

Answers

Answer:$36 depending on what question is i just assuming how much she has to pay

Step-by-step explanation:

48 divded by 4 is 12. $48-$12 is $36. The $12 is the 1/4 discount.

the perimeter of a rectangle garden is 330 feet. If the length of the garden is 94 feet , what is its width ?

Answers

Answer:

71 feet

Step-by-step explanation:

94×2=188

330-188=142

142÷2=71

solve the following system of equations with the help of matrix ::. x-2y-4=0 & -3x+5y+7=0​

Answers

Answer:

(x, y) = (-34,-19)

Step-by-step explanation:

...................................................

A roasted turkey is taken from an oven when its temperature has reached 185° Fahrenheit and is placed on a table in a room where the temperature is 75° Fahrenheit. Provide your answers accurate to at least 2 decimal places. (a) If the temperature of the turkey is 146° Fahrenheit after half an hour, what is its temperature after 45 minutes? Fahrenheit (b) When will the turkey cool to 100° Fahrenheit? hours. ​

Answers

Step-by-step explanation:

a the rate of changes = (185-146)/30

= 1.3° /minutes.

after 45 minutes = 1.3 ×45 = 58.5°

so, the temperature = 185 - 58.5

= 126.50°F

b. the time to reach 100°F =

(185-100)/ (1.3)

= 85/(1.3) = 65.38

after 65.38 minutes

Use cross products to identify the equation needed to solve this proportion:

5
x
=
2
9

Answers

Answer:

x=22.5

Step-by-step explanation:

We are given the proportion:

5/x=2/9

Cross multiply. Multiply the numerator (top number) of the first fraction by the denominator (bottom number) of the second. Then multiply the denominator of the first by the numerator of the second.

5*9=2*x

45=2x

2 and x are being multiplied. The opposite of multiplication is division. Divide both sides by 2. This will cancel out the 2 being multiplied by x, and leave x by itself.

45/2=2x/2

45/2=x

22.5=x

If we substitute 22.5 in for x, the final proportion will be:

5/22.5=2/9

In a recent study of incomes in Wake county in North Carolina, it was found that the distribution of family incomes is skewed to the right (i.e., it has a long right tail). What can we say about the relationship between mean and median.

Answers

Answer:

The mean is to the right of the median

Step-by-step explanation:

Given

Skewed right distribution

Required

Relationship between the mean and the median

The question would be better answered if there are options available. Since there are none, I will provide a general answer/explanation.

For a distribution that is right skewed, the mean is always on the right side of the median.

Hello can anyone pls help with this multiple choice question

Answers

Answer:

The correct answer is the last one

Step-by-step explanation:

Multiply 3x (2x - 1)​

Answers

Answer:

6x^2 - 3x

[tex]6x^2-3x[/tex]

Step-by-step explanation:

3x (2x-1)

multiply 3x by 2x -> 6x^2

multiply 3x by -1 -> -3x

Answer:

The answer is [tex]6x^{2} -3x[/tex].

Step-by-step explanation:

To solve for the answer, start by using the distributive property. The distributive property is a property of multiplication used in addition and subtraction and states that two or more terms in addition or subtraction with a number are equal to the addition or subtraction of the product of each of the terms with that number.

The distributive property for this problem will look like [tex](3x*2x)+(3x*-1)[/tex], and when the problem is simplified, it will look like [tex]6x^{2} -3x[/tex]. The final answer is [tex]6x^{2} -3x[/tex].

NO LINKS OR ANSWERING WHAT YOU DON'T KNOW?

4. Suppose y varies inversely with the x, and y = -1 when = 3. What inverse variation equation relates x and y?

a. y = 3/x
b. b. y = -3x
c. y = 3x
d. y = -3/x

5. Suppose y varies inversely with x and y = 68 when x = 1/17. What is the value of x when y = 16?

a. 64
b. 32
c. 1/4
d. 1/16

6. Suppose y varies inversely with x, and y = 5 when x = 15. What is the value of y when x = 25
a. 3
b. 5
c. 25
d. 15

Answers

Answer:

4,a

5.d

6.c

plz mark me as brainliest

Step-by-step explanation:

Answer:

1. A

2. C

3. A

Step-by-step explanation:

all the explanations are In the image above


AXYZ is reflected across the line x = 3. What is the reflection image of X

Answers

Answer:

The answer should be (7, 5)

A paddleboat can move at a speed of 4 ​km/h in still water. The boat is paddled 12 km downstream in a river in the same time it takes to go 6 km upstream. What is the speed of the​ river?

Answers

Answer:

Speed of the river = [tex]\frac{4}{3}[/tex] km per hour

Step-by-step explanation:

Speed of the boat in still water = 4 km per hour

Let the speed of the river = v km per hour

Speed of the boat upstream = (4 - v) km per hour

Time taken to cover 6 km = [tex]\frac{\text{Distance}}{\text{Speed}}[/tex]

                                           = [tex]\frac{6}{4-v}[/tex] hours

Speed of the boat downstream = (4 + v) km per hour

Time taken to cover 12 km = [tex]\frac{12}{4+v}[/tex] hours

Since, time taken by the boat in both the cases is same,

[tex]\frac{6}{4-v}= \frac{12}{4+v}[/tex]

6(4 + v) = 12(4 - v)

24 + 6v = 48 - 12v

12v + 6v = 48 - 24

18v = 24

v = [tex]\frac{24}{18}[/tex]

v = [tex]\frac{4}{3}[/tex] km per hour

Multiplying 10x² and (2x²)² we get …..​

Answers

Hi there!

[tex]\large\boxed{40x^{6}}[/tex]

Begin by simplifying (2x²)²

2² · (x²)² <-- Power rule for exponents, multiply them together:

4 · x⁴ = 4x⁴

Multiply by 10x². ADD exponents when multiplying.

10x² · 4x⁴ = 40 · x²⁺⁴

40x⁶

for the function f(x)=5 evaluate and simplify the expression: f (a+h)-f(a)/h

Answers

Answer:

0 is the answer assuming the whole thing is a fraction where the numerator is f(a+h)-f(a) and the denominator is h.

Step-by-step explanation:

If the expression for f is really a constant, then the difference quotient will lead to an answer of 0.

If the extra for f is linear (including constant expressions), the difference quotient will be the slope of the expression.

However, let's go about it long way for fun.

If f(x)=5, then f(a)=5.

If f(x)=5, then f(a+h)=5.

If f(a)=5 and f(a+h)=5, then f(a+h)-f(a)=0.

If f(a+h)-f(a)=0, then [f(a+h)-f(a)]/h=0/h=0.

Suppose a research company takes a random sample of 45 business travelers in the financial industry and determines that the sample average cost of a domestic trip is $1,192, with a sample standard deviation of $279. Construct a 98% confidence interval for the population mean (for domestic trip) from these sample data. Round your answers to 3 decimal places.

Answers

Answer:

98% confidence interval for the population mean =(1095.260,1288.740)

Step-by-step explanation:

We are given that

n=45

[tex]\mu=1192[/tex]

Standard deviation,[tex]\sigma=279[/tex]

We have to construct a 98% confidence interval for the population mean.

Critical value of z at 98% confidence, Z =2.326

Confidence interval is given by

[tex](\mu\pm Z\frac{\sigma}{\sqrt{n}})[/tex]

Using the formula

98% confidence interval is given by

[tex]=(1192\pm 2.326\times \frac{279}{\sqrt{45}})[/tex]

[tex]=(1192\pm 96.740)[/tex]

=[tex](1192-96.740,1192+96.740)[/tex]

=[tex](1095.260,1288.740)[/tex]

Hence, 98% confidence interval for the population mean (1095.260,1288.740)

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