ashanti0411
11.12.2019 •
Mathematics
What are the slope and y intercept of the graph y=6x-2
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Ответ:
The y-intercept is -2
the slope is 6.
Step-by-step explanation:
Ответ:
Option b) $1200
Step-by-step explanation:
Amount that the policy will cover under life insurance = $100,000
Chance of dying of any man in a year = 1 in a 100
= (1/100) X 100 %
= 1%
So the annual insurance premium that the company should charge = 1% of the policy amount + 20 % margin on annual premium = 1% of 100,000 + 20 % of (1% of 100,000 ) = 1,000 + 20% of 1,000 = 1,000 + 200 = 1200
Therefore the Company should charge $1200 for the insurance policy so as to make a 20% margin on the policy.
Hope it helps.
Thank you..!!