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Nataliya [291]
3 years ago
7

A 28-year-old man pays $181 for a one-year life insurance policy with coverage of $150,000. If the probability that he will live

through the year is 0.9994, what is the expected value for the insurance policy?
Mathematics
1 answer:
Marina CMI [18]3 years ago
3 0
Expected value E(x) = 0.9994(150000 - 181) = 0.9994 x 149819 = $149,729.11
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Answer:

Divide your interest rate by the number of payments you'll make in the year (interest rates are expressed annually). ...

Multiply it by the balance of your loan, which for the first payment, will be your whole principal amount.

Step-by-step explanation:

The ending balance, or future value, of an account with simple interest can be calculated using the following formula: Using the prior example of a $1000 account with a 10% rate, after 3 years the balance would be $1300. This can be determined by multiplying the $1000 original balance times [1+(10%)(3)], or times 1.30.

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2 years ago
PLEASE HELP WITH THE FOLLOWING. WILL GIVE BRAINLIEST. THANK YOU
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Answer:

<h2>50.8°</h2>

Step-by-step explanation:

First, we need to use the Pythagorean Theorem to find the third side. We will then use the law of cosines to find the angle.

2√15² = 2√6² + b²

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Substitute the values in.

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4 0
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ERCISE 7H
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y = 2x

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