Answer:
Years = natural log (Total / Principal) / Rate
Years = natural log (1,000,000 / 2,500) / .02
Years = natural log (400) / .02
Years = 5.9914645471 / .02
It would take 299.573227355 Years
Source: http://www.1728.org/rate2.htm
Step-by-step explanation:
It is real simple.
1. 7 (c+2)
2. y:5 + 4
3. 6-5 times h
4. (z+3) / 7
5. 1/2y + 9
6. (5 times g) - 4
7. 1/5c - 2
8. 8 (x-3)
9. (8 times b) + 4
10. 1/3 (z+4)
Answer:
I know the answer
Step-by-step explanation:
Answer:
The expected value for the insurance company is $200
Step-by-step explanation:
In order to calculate the expected value for the insurance company we would have to make the following calculation:
expected value for the insurance company=expected value live+expected value die
expected value live=Net gain*probability of living
expected value live=$300*0.999=$299.70
expected value die=Net gain*probability of die
expected value die=(-$100,000 + $300)*0.001
expected value die=$-99.70
Therefore, expected value for the insurance company=$299.70-$99.70
expected value for the insurance company=$200
The expected value for the insurance company is $200
