Ask question

Ask question

All categories

2 years ago

10

John Maynord pays a $566.00 annual insurance premium. This represents 40% of the total premium. The rest of the premium is paid

by his employer. Calculate:
. the company's percentage
. the total premium
. the company's payment

2 answers:

Aleksandr-060686 [28]2 years ago

6 0

60%
$1415
$849
Hope this helps

baherus [9]2 years ago

6 0

Answer:

A. 60%

B. $1415

C. $849.

Step-by-step explanation:

We have been given that John Maynord pays a $566.00 annual insurance premium. This represents 40% of the total premium. The rest of the premium is paid by his employer.

A. Since John pays 40% of his premium and rest of the premium is paid by his employer. This means that his employer pays 60% (100-40) of the premium, therefore, the company's percentage will be 60%.

B. Let x be the total amount of the premium.

As 40% of the premium is $566, so we need to find x such that 40% of x is $566.

We can represent this information in an equation as:

$\frac{40}{100}*x=\$566$

$0.40*x=\$566$

$\frac{0.40*x}{0.40}=\frac{\$566}{0.40}$

$x=\$1415$

Therefore, the total amount of premium is $1415.

C. As company pays 60% of premium, so to find the company's payment we will find 60% of $1415.

$\text{The company's payment}=\frac{60}{100}*\$1415$

$\text{The company's payment}=0.60*\$1415$

$\text{The company's payment}=\$849$

Therefore, the company's payment is $849.

You might be interested in

1. Mac is about to sue his contractor who promised to install a water tank that holds 1880 gallons of water. Mac knows that 1880

zzz [600]

Answer:

option C.

Yes, the water tank is about 245 cubic feet too small

Step-by-step explanation:

step 1

Determine the volume of the cylindrical tank

we know that

The volume of a cylinder is equal to

$V=\pi r^{2} h$

Remember that

$1\ ft=12\ in$

we have

$r=6\ ft\\h=2\ ft\ 2\ in=2+(2/12)=\frac{13}{6}\ ft$

assume

$\pi =3.14$

substitute

$V=(3.14)(6)^{2}(\frac{13}{6})$

$V=244.92\ ft^3$

Compare with 251 cubic feet

$244.92\ ft^3 < 251\ ft^3$

therefore

Yes, the water tank is about 245 cubic feet too small

8 0

2 years ago

Which diagram best shows how fraction bars can be used to evaluate One-half divided by one-fourth? A fraction bar labeled 1. Und

Leto [7]

Answer:

Step-by-step explanation:

The description is too ambiguous to reconstruct the diagram. You need to post the actual diagram.

That diagram is just one way to view division by a fraction. An easier way: DIVIDING by a fraction is the same as MULTIPLYING by the upside-down fraction. For example,

(1/2) ÷ (1/4) = (1/2) × (4/1) = 2

That doesn’t help you answer this particular question, though.

6 0

1 year ago

A quality control engineer at a potato chip company tests the bag filling machine by weighing bags of potato chips. Not every ba

Ahat [919]

Answer:

$z=\frac{0.21 -0.15}{\sqrt{\frac{0.15(1-0.15)}{100}}}=1.68$

Step-by-step explanation:

Information provided

n=100 represent the random sample taken

X=21 represent the number of bags overfilled

$\hat p=\frac{21}{100}=0.21$ estimated proportion of overfilled bags

$p_o=0.15$ is the value that we want to test

z would represent the statistic

Hypothesis

We need to conduct a hypothesis in order to test if the true proportion of overfilled bags is higher than 0.15.:

Null hypothesis: $p =0.7$

Alternative hypothesis: $p > 0.15$

The statistic for this case is:

$z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}}$ (1)

And replacing the info given we got:

$z=\frac{0.21 -0.15}{\sqrt{\frac{0.15(1-0.15)}{100}}}=1.68$

5 0

2 years ago

A machine needs 2 of its gears replaced. You find 2 gears, one manufactured 5 years ago and the other manufactured 10 years ago.

Tcecarenko [31]

Probability that gear 1 will fail = 5/100 (upto 10 years)
and 8/100 (after 10 years)

Probability that both will fail = 5/100 * 8/100
= 40/10000
= 0.4 %

8 0

2 years ago

monitta

Answer:

$927,154\ people$

Step-by-step explanation:

we have a exponential function of the form

$y=a(b^x)$

where

y is the population of San Francisco

x is the number of years

a is the initial population

b is the base

r is the rate of grown

b=(1+r)

In this problem we have

$r=1.26\%=1.26/100=0.0126$

$b=1+0.0126=1.0126$

ordered pair (6, 870,887)

substitute in the exponential function $y=a(b^x)$

$870,887=a(1.0126^6)$

Solve for a

$a=870,887/(1.0126^6)$

$a=807,857\ people$

so

The exponential function is equal to

$y=807,857(1.0126^x)$

In 5 more years the number of years will be equal to

6+5=11 years

For x=11 years

substitute the value of x in the exponential function and solve for y

$y=807,857(1.0126^{11})$

$y=927,154\ people$

6 0

2 years ago