answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zloy xaker [14]
2 years ago
15

Assume 6 in every 2000 students at the local community college have to quit due to serious health issues. An insurance company o

ffers them a ​$10,000 policy for ​$60 a year. What is the amount the insurance company should expect to make on average on every student that​ pays?
Mathematics
1 answer:
Alexus [3.1K]2 years ago
7 0
Given:

6 out of 2000 students quit community college due to serious health issues.
$10,000 insurance company offer
$60 per year

Based on the data, there are 6 students who will be given the $10,000 insurance per year. So they need

6 * 10,000 = $60,000 to make a break-even on their insurance offer

If a student pays $60 per year, they should have

$60,000 / $60 = 1,000 students who will pay per year to reach the break-even mark of their investment. If the number of students will exceed 1,000, the company will begin to earn. 
You might be interested in
On her first day in a hospital, Kiri receives u1 milligrams (mg) of a therapeutic drug. The amount of the drug Kiri receives inc
Valentin [98]

Answer:

a. 21 = u1 + 6·d

b. 29 = u1 + 10·d

c. d = 2, u1 = 9

Step-by-step explanation:

a. The given parameters are;

The amount of therapeutic drug Kiri receives on her first at the hospital = u1 milligrams

The amount of drug increase received by Kiri each day = d

The amount of drug Kiri received on the seventh day = 21 mg

The amount of drug she received on the eleventh day = 29 mg

Therefore, we have an arithmetic progression with the formula for the nth term given as follows;

aₙ = a₁ + (n - 1)·d

Where;

a₁ = u1

n = The number of terms

Therefore, for the 7th day, the amount of drugs she receives, which is 21 milligrams, is given as follows;

a₇ = u1 + (7 - 1)·d = u1 + 6·d = 21

The equation for the amount of drugs she receives in terms of u1 and d on the seventh day is given as follows;

21 = u1 + 6·d

b. For the eleventh day, the amount of drugs she receives, which is 29 milligrams, is given as follows;

a₁₁ = u1 + (11 - 1)·d = u1 + 10·d = 29

Therefore, the equation for the amount of drugs she receives in terms of u1 and d on the  eleventh day is given as follows;

29 = u1 + 10·d

c. Therefore, we have two equations which are given as follows;

21 = u1 + 6·d................(1)

29 = u1 + 10·d..............(2)

Subtracting equation (1) from equation (2) gives;

29 - 21 = (u1 + 10·d) - (u1 + 6·d)

8 = 4·d

d = 8/4 = 2

d = 2

From equation (1), we have;

21 = u1 + 6·d = u1 + 6×2 = u1 + 12

21 = u1 + 12

21 - 12 = u1

∴ u1 = 9

d = 2, u1 = 9.

4 0
1 year ago
A computer is normally $899 but is discounted to $799. What percent of the original price does Shawn pay?
Oksi-84 [34.3K]
<span>A computer is normally $899 but is discounted to $799.
Question: What percent of the original price does Shawn pay?
=> 799 dollars is the discounted price
=> 899 dollars is the original price
=> 899 – 799 = 100 dollars – the discount price that was deducted to the original price.
Solution
=> 100 / 899 = 0.11
=> 0.11 * 100% = 11%
Thus, the computer has a discount of 11%.</span>



4 0
2 years ago
Ella’s geometry teacher asked each student to devise a problem and write out its solution. Here is Ella’s work:
Marta_Voda [28]

Answer:Ella's Procedure And Conclusion are incorrect

Step-by-step explanation:

4 0
2 years ago
Read 2 more answers
A sports car and a minivan run out of gas and are pushed to the side of the road. Which is easier to push, and why?
nirvana33 [79]

Answer:

The sports car, because it has less mass and therefore less inertia

Step-by-step explanation:

When an object has less inertia it is easier to be put into and out of motion, and a sports car would obviously weigh less than a van.

5 0
1 year ago
Read 2 more answers
jack wants to weigh at most 176 pounds before the baseball season begins. he has already lost 15 pounds. he belives he can lose
VikaD [51]
The answer will be 4 weeks. You know the constant is 1.5 lbs per week and you will multiply that by however many weeks it takes to reach 176
197-(1.5x) would be your equation and since he’s already lost 15 pounds you will include that by subtracting 15 from the equation as well 197-(1.5(4))=191
191-15=176
6 0
1 year ago
Other questions:
  • Carl has a credit card with a balance of $5,260 and an APR of 21%. With the monthly payments he has been making, Carl would be a
    9·2 answers
  • A charity organization had a fundraiser where each ticket was sold for a fixed price of \$70$70dollar sign, 70. They had to sell
    8·1 answer
  • The sum of three consecutive integers is -369
    9·2 answers
  • The sales manager of a company awarded a total of \$3000$3000 in bonuses to the most productive salespeople. The bonuses were aw
    15·1 answer
  • The square of a number decreased by 3 times the number 28 find all possible values for the number
    15·1 answer
  • an employer will do a 50% match on your investment to a 401k retirement plan. If you decide to contribute a monthly amount of $2
    5·1 answer
  • Find the area of trapezoid $DUCK$ shown below. [asy] unitsize(2mm); defaultpen(linewidth(.7pt)+fontsize(10pt)); pair D=(0,0), U=
    13·1 answer
  • Which graph shows a function whose inverse is also a function? On a coordinate plane, two curved graphs are shown. f (x) sharply
    13·1 answer
  • Mrs. Kato has 6 bags of dried beans and a 2-pound bag of rice in one shopping bag. In another shopping bag she has a 5-pound bag
    6·1 answer
  • You release a pendulum of mass 1 kg from a height of 0.75 m. There is no air resistance
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!