Answer:
Expected loss = $342 million.
Step-by-step explanation:
The formula to compute the expected loss is:
Given:
<u>P (Loss)</u> <u>Amount of loss</u>
0.30 $320 million
0.30 $820 million
0.40 $0
Compute the expected loss as follows:
Thus, the expected loss is $342 million.
if you mean 90 × 10⁴
then the answer would be, 900000.
but if you mean 9 × 10⁴ then the answer would be, 90000.
hope it helps.
Bye.
Answer:
$1,100
Step-by-step explanation:
first find the principal first Multiply the rate 0.02 by the time 1 year this gives us 0.02 then divide the interest ($22) by 0.02 then you get $1,100.
Hope that helped!
What is the equation you are solving?
