subject
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.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
You receive 15% of the profit from a car wash how much money do you receive from a profit of 300
Answers: 2
question
Mathematics, 22.06.2019 00:30
Can someone me find the original price? the discount is 5% and the sale price is $68.40
Answers: 1
question
Mathematics, 22.06.2019 02:00
Keith runs 5 miles in 38 minutes. at the same rate, how many miles would he run in 57 minutes
Answers: 1
question
Mathematics, 22.06.2019 03:00
What is the slope of the line that has an equation of y equals x -3
Answers: 2
You know the right answer?
An insurance policy on an electrical device pays a benefit of 4000 if the device fails during the fi...
Questions
question
Mathematics, 05.07.2019 06:40
question
Social Studies, 05.07.2019 06:40
question
Chemistry, 05.07.2019 06:40
question
Mathematics, 05.07.2019 06:40
Questions on the website: 13722363