Mathematics, 31.05.2020 01:58 sarinaneedshelp01

An insurance policy on an electrical device pays a benefit of 4000 if the device fails during the first year. The amount of the benefit decreases by 1000 each successive year until it reaches 0. If the device has not failed by the beginning of any given year, the probability of failure during that year is 0.4. Calculate the expected benefit under this policy.

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 17:00, zacksoccer8279

Me! last question, and i'm stuck! write the algebraic expression that models the word phrase. the product of 2 divided by the number h and 8 more than the number k

Answers: 1

continue

Mathematics, 21.06.2019 19:30, joselinegarciaowyrpf

Asquare picture with sides of 32 inches is to be mounted on a square mat with sides of 52 inches. find the area of the mat that will remain uncovered by the picture.

Answers: 1

continue

Mathematics, 21.06.2019 20:00, jortizven0001

Seymour is twice as old as cassandra. if 16 is added to cassandra’s age and 16 is subtracted from seymour’s age, their ages become equal. what are their present ages? show !

Answers: 1

continue

Mathematics, 21.06.2019 21:40, chunkymonkey090

Ihonestly have no clue if it's each or none.

Answers: 1

continue

You know the right answer?

An insurance policy on an electrical device pays a benefit of 4000 if the device fails during the fi...