Answer:
<h2>25%</h2>
Step-by-step explanation:
The profit = 150 000 - 120 000 = 30 000
………………………………………………………
The profit percentage is :

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: A
Step-by-step explanation: