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.
Answer:
The formula for the circumference of a circle is C = 2πr, where r is the radius and C is the circumference. The equation solved for r is r =c/2π .
Step-by-step explanation: hope this helped!
Answer: the hundreds place
.6% will be a decimal because when u move u only had to move two time to the right side
The answer is $16216987.55 (IMPORTANT: This is the answer assuming that the interest rate is annually. The quesiton says 'continuously' so I was a bit confused)
To solve this problem, you can use the compound interest formula.
Here it is once you plug in the numbers: A = 5,000,000 ( 1 + .04) ^30
Just solve the equation to find the solution.