Tomio, age 28, takes out $50,000 of straight-life insurance. His annual premium is $418.20. Using the tables found in the textbo
2 answers:
You might be interested in
Answer:
Step-by-step explanation:
Linear function:
A linear function has the following format:
In which m is the slope and b is the q-intercept.
One week you charged $4 per guest and averaged 80 guests per night. The next week you charged $10 per guest and averaged 44 guests per night.
This means that we have these following points: (4,80), (10,44).
Finding the slope:
With a pair of points, the slope is given by the change in q divided by the change in p.
Change in q: 44 - 80 = -36
Change in p: 10 - 4 = 6
Slope:
So
Finding b:
We replace one of the points. Replacing (4,80).
So
Answer:
7.5
Step-by-step explanation:
106% of $x = $7.95
In other words,
of $x = 7.95
Multiplying both sides of the equation by
of x = 7.95 *
=> x =
=> x =
=> x = 7.5
Validation: 106% of 7.5 = 7.95