The answer is B because 90 to 30 is 3 over 2
I think it is 2.5 but not sure correct me if i am wrong
Answer:
<em>$180.</em>
Step-by-step explanation:
First lets find the <em>interest rate.</em>
<em>6.1 ÷ 100 = 0.061</em>
<em>0.061 x $200 = 12.2</em>
based on the calculations, <em>12.2</em> is our interest rate <em>in a year</em>. Now lets find the interest rate in <em>15 years</em>.
<em>12.2 x 15 = $183 </em>
So <em>$183</em> is our<em> precise</em> interest rate in <em>15 years</em>, but lets<em> round the interest rate to the nearest 10 dollars.</em> Therefore, <em>$180 is our answer.</em>
Answer:
The expectation of the policy until the person reaches 61 is of -$4.
Step-by-step explanation:
We have these following probabilities:
0.954 probability of a loss of $50.
1 - 0.954 = 0.046 probability of "earning" 1000 - 50 = $950.
Find the expectation of the policy until the person reaches 61.
Each outcome multiplied by it's probability, so:
The expectation of the policy until the person reaches 61 is of -$4.
I'm pretty sure the answer to your question would be A
