High School

We appreciate your visit to A small insurance company offers two plans catastrophic and bronze The catastrophic plan costs 170 per person per month and the bronze plan costs 480. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!

A small insurance company offers two plans, catastrophic and bronze. The catastrophic plan costs $170 per person per month, and the bronze plan costs $480 per person per month. Each month, the insurance company earns $477,300 from the 1,285 people that have purchased their insurance plans. Which of the following systems of equations represents the relationship between the number of catastrophic plans, \(c\), and the number of bronze plans, \(b\), per month?

\[
\begin{align*}
c + b &= 1,285 \\
170c + 480b &= 477,300
\end{align*}
\]

Answer :

The system of equations are:

c + b = 1285

170c + 480b = 477,300

What are the equations?

Two equations would be derived from the information provided in the question. The equations are known as simultaneous equations. The equations would have to be solved together in order to determine the required values.

The methods that can be used to solve simultaneous equations are:

  1. Elimination method
  2. Substitution method
  3. Graph method

The form of the equations is:

Number of catastrophic plan sold + number of bronze plans sold = total plans sold

Cost of the catastrophic plan x number of the plan sold) + (number of bronze plan sold x cost of the plan) = total cost of the plans

c + b = 1285

170c + 480b = 477,300

To learn more about system of equations, please check: https://brainly.com/question/15165519

#SPJ1

Thanks for taking the time to read A small insurance company offers two plans catastrophic and bronze The catastrophic plan costs 170 per person per month and the bronze plan costs 480. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!

Rewritten by : Barada