Question

One health insurance policy pays people for claims by multiplying the claim amount by 0.8 and then subtracting $500. Write a rule describes the insurance payment as a function of the claim amount . Then find the claim amount for an insurance payment of $4650

Answer 1

Okay so this is really easy once you get how to do it :)

Answer 2

So we KNOW that the claim amount is equal to $4650 and that the insure will multiply it by 0.8

Answer 3

So the equation you need to set up for this problem is: [4650(0.8)] - 500