Find the missing values assuming continuously compounded interest. (Round your answers to two decimal places.)
Initial Investment: $100

Annual % Rate: ?

Amount of time it takes to double: ?

Amount after 10 years: $1405

Answers

Answer 1

Answer:

Annual % Rate: 26.43%

Amount of time it takes to double: 2.62yr

Step-by-step explanation:

Solving for r(Annual%Rate)

A=P⋅e^(r⋅t)

1405=100⋅^(r⋅10)

1405=100⋅e(^10r)

1405/100=100/100⋅e^(10r)

14.05 = e^(10r)

log(14.05) = log(e^10r)

1.1476 = 10r⋅log(e)

1.1476/log(e) = 10r

1.1476/10⋅log(e) = r

r = 0.26426

=26.43%

Now we have r=26.43%. We can use this information to solve for t, the time period to double the initial investment:

2P = Pe^(rt)

2 = e^(0.2643t)

ln(2) = 0.2643t

t = ln(2)/0.2643

t = 2.62yr


Related Questions

You deposit $3500 in a savings account that has a rate of 6% compounded semiannually. How much is in the account after 3 years?

Answers

Answer:

$4,179

Step-by-step explanation:

According to the scenario, calculation of the given data are as follows,

Total deposit (P)= $3,500

rate of interest = 6%

Rate of interest (semiannual) (r) = 3%

Time = 3 years

Time period (t) (semiannual) = 6

So, we can calculate the total amount after 3 years by using following formula,

FV = P \((1+r)^{t}\)

By putting the value, we get

FV = $3,500 ( 1 + 0.03)^6

FV = $3,500 ( 1.03)^6

= $3,500 × 1.194

= $4,179

express 5:21/2 in its simplist form​

Answers

Answer:

10 / 21

Step-by-step explanation:

Given:

5:(21/2)

Find:

Simplest form​

Computation:

⇒ 5:(21/2)

⇒ 5:(10.5)

⇒ 5 / 10.5

⇒ 50 / 105

10 / 21

Find the slope of the line that passes through the points (8,4) & (3,1)

Answers

Answer:

\(m=\frac{3}{5}\)

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

Slope Formula: \(m=\frac{y_2-y_1}{x_2-x_1}\)

Step-by-step explanation:

Step 1: Define

Point (8, 4)

Point (3, 1)

Step 2: Find slope m

Substitute:                    \(m=\frac{1-4}{3-8}\)Subtract:                       \(m=\frac{-3}{-5}\)Simplify:                        \(m=\frac{3}{5}\)

i need help, image attached. thanks ahead of time :)

i need help, image attached. thanks ahead of time :)

Answers

The value of x's in the equation of angles are :-

1. 4.729

2. 7

3. 13

4. 10

What are parallel line ?In geometry, lines are categorized into different types such as: Parallel lines, vertical lines, intersecting lines, non-intersecting lines, etc. For lines that do not intersect, you can draw  special lines called horizontal lines that intersect these lines at different points. In this article, we will discuss parallel lines in detail. Two parallel lines that  meet at infinity can also be called parallel lines. For a line to be horizontal, two or more lines must intersect at different points. Angle relationship between parallel lines and horizontal linesDifferent angle pairs are created when a horizontal line crosses two or more parallel lines.Calculation

1 . 25x - 5 + 12x = 180

 37x = 175

x = 4.729...

2. 15x - 7 = 14x

    x = 7

3. 5x +39 = 8x

3x = 39

x  =  13

4 . 4x + 12x + 20 = 180

    16x = 160

       x = 10

now put the values of each x in the equations of angle to find the angle .

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DUE TODAY, FIRST ANSWER GETS BRAINLIEST, 80 POINTS

The table represents a linear relationship.


x −1 0 1
y −3 1 5


Which equation represents the table?

A. y equals one fourth times x minus 2
B. y equals negative one fourth times x plus 1
C. y = −4x − 2
D. y = 4x + 1

Answers

Answer:

\(d) \ y=4x+1\)

Step-by-step explanation:

I suppose the table looks like this:

\(\begin{array}{|r|r|} x & y \\ \cline{0-1}-1 & -3 \\0 & 1 \\ 1 & 5\end{array}\)

Thus, we can select two points and apply the formula for the equation of a line given two points to derive an equation that represents the table.

\(y-y_1=(\frac{y_2-y_1}{x_2-x_1} )(x-x_1)\)

I select this points:

\((x_1,y_1)= (0,1)\\(x_2,y_2)= (1,5)\)

Now, we substitute this values in the previous equation:

\(y-(1)=(\frac{5-1}{1-0} )(x-0)\\\\y-1=4 x\\y=4x+1\)

Therefore, the correct answer it's option D

who else does online school? lol lets be friendss !!

Answers

Answer: Meeeeee

Step-by-step explanation:

Answer:

SURE

Step-by-step explanation:

How many hours is a 7am to 3pm shift?

Answers

Answer:

8 hours shift because you count from 7 am to 3pm

The total number of hours between the 7 am and 3 pm shift is 8 hours.

What is meant by the hour?

Depending on the speed of the Earth's rotation, an hour is a measure of time that is traditionally calculated as 1/24  of a day and scientifically estimated to last between 3,599 and 3,601 seconds. There are 24 hours in a day and 60 minutes in an hour.

The 24-hour day is divided into two sections, a.m. and p.m., according to the 12-hour clock time convention. Latin terminology for the hours of the day, AM and PM, are commonly employed. The abbreviations AM and PM stand for Ante meridiem and Post meridiem, respectively, which indicate before noon or midday and afternoon or midday. AM is used to denote the first 12-hour period, which runs from midnight to noon, and PM is used to denote the following 12-hour period, which runs from noon to midnight.

From 7 am to 12 pm, the number of hours = 5

From 12 pm to 3 pm, the number of hours = 3

Therefore the total number of hours between the 7 am and 3 pm shift is (3+5) = 8 hours.

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use only the fact that integral 3x(8-x)dx = 11 and the properties of integrals to evaluate the integralas in part a through d, if possible

Answers

Using the fact that ∫ 3x(8-x) dx = 11 and the properties of integrals, we can evaluate the integrals in parts a through d, if possible.∫ 8x dx + ∫ 3x(8 - x) dx = 4x^2 + 3(11) = 4x^2 + 33 + C.

Let's evaluate each integral using the given fact and the properties of integrals:

a) ∫ (6x - 3x^2) dx: We can split this integral into two separate integrals using the linearity property of integrals. ∫ 6x dx - ∫ 3x^2 dx = 3∫ 2x dx - ∫ 3x^2 dx. Using the power rule of integration, we have 3(x^2) - x^3/3 + C.

b) ∫ 8x dx + ∫ 3x(8 - x) dx: Again, we split the integral into two separate integrals. ∫ 8x dx + ∫ 3x(8 - x) dx = 4x^2 + 3(11) = 4x^2 + 33 + C.

c) ∫ (3x - 2) (8 - x) dx: We can expand the expression and simplify before integrating. The expanded form is 24x - 3x^2 - 16 + 2x. Combining like terms, we get 26x - 3x^2 - 16. The integral is ∫ (26x - 3x^2 - 16) dx = 13x^2 - x^3 - 16x + C.

d) ∫ (3x(8 - x))^2 dx: We can square the function inside the integral and simplify before integrating. (3x(8 - x))^2 = 9x^2 (64 - 16x + x^2). Expanding and simplifying further, we have 576x^2 - 144x^3 + 9x^4. The integral is ∫ (576x^2 - 144x^3 + 9x^4) dx = 192x^3 - 36x^4 + x^5/5 + C.

Using the given fact and the properties of integrals, we were able to evaluate the integrals in parts a through d.

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4 x 1/3 x 3/4 x 1/3 as a fraction or whole number

Answers

Answer:

Step-by-step explanation:

To multiply fractions just multiply top × top × top × top ( and write it on top) Then multiply bottom × bottom × bottom × bottom. Whenever you can reduce or simplify the result, make sure you do that too. Since the whole entire problem is all times-ing (and dividing bc fraction bar is just dividing) you could "cancel" numbers that are in the top and bottom that are the same. See image.

4 x 1/3 x 3/4 x 1/3 as a fraction or whole number

casino wants to know if their slot machine really delivers the 5 in 100 win rate that it claims.
Rate __ = The __ of wins in the casino's slot machine
H0 = __ __ 0,05 vs HA : __ __ 0,05

Answers

The casino would reject/accept the null hypothesis (H0) and accordingly, conclude that the slot machine does or does not deliver the claimed win rate of 5 in 100.

To determine if their slot machine delivers the claimed 5 in 100 win rate, the casino would need to conduct a hypothesis test using the given terms.
The "win rate" refers to the proportion of wins a slot machine is expected to provide out of a certain number of plays. In this case, the slot machine claims to have a win rate of 5 in 100, which is equivalent to a proportion of 0.05.
To test if the slot machine actually delivers this win rate, we will conduct a hypothesis test with the following null (H0) and alternative (HA) hypotheses:
H0: The slot machine's win rate is equal to 0.05
HA: The slot machine's win rate is not equal to 0.05
To perform this test, the casino would need to collect a sample of slot machine plays and calculate the observed win rate. Using an appropriate statistical test, such as a z-test or t-test for proportions, the casino can compare the observed win rate to the claimed win rate of 0.05. If the test result shows that there is a significant difference between the observed and claimed win rates, the casino would reject the null hypothesis (H0) and conclude that the slot machine does not deliver the claimed win rate of 5 in 100.

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What is 0 divided by 0

Answers

Answer: undefined

Step-by-step explanation:

Answer:

um.. the answer is "0"

Step-by-step explanation:

Suppose you are holding stock and there are three possible outcomes. The good state happens with 20% probability and 18% return. The neutral state happens with 55% probability and 9% return. The bad state happens with 25% probability and −5% return. What is the expected return? Please enter the answer as a percent with two decimal places for instance 55.55 for 55.55% Suppose you are holding a stock and there are three possible outcomes. The good state happens with 20% probability and 18% return. The neutral state happens with 55% probability and 9% return. The bad state happens with 25% probability and −5% return. What is the standard deviation of return? Please enter a number (not a percentage). Please convert all percentages to numbers before calculating, then type in the number. Now type in 4 decimal places. The answer will be small. Suppose you are holding a stock and there are three possible outcomes. The good state happens with 20% probability and 18% return. The neutral state happens with 55% probability and 9% return. The bad state happens with 25% probability and −5% return. What is the variance of return? Please enter a number (not a percentage). Please convert all percentages to numbers before calculating, then type in the number. Now type in 4 decimal places. The answer will be small.

Answers

The standard deviation of returns is 0.0665 when a person is holding stock and there are three possible outcomes.

To calculate the expected return, we multiply the probability of each state by its corresponding return and sum them up:

Expected return = (20% * 18%) + (55% * 9%) + (25% * -5%)

Expected return = 0.20 * 0.18 + 0.55 * 0.09 + 0.25 * (-0.05)

Expected return = 0.036 + 0.0495 - 0.0125

Expected return = 0.073

The expected return is 7.30%.

To calculate the standard deviation of returns, we need to find the variance first. The variance is calculated as the weighted sum of squared deviations from the expected return:

Variance = (20% * (18% - 7.30%)^2) + (55% * (9% - 7.30%)^2) + (25% * (-5% - 7.30%)^2)

Variance = 0.20 * (0.1077)^2 + 0.55 * (0.0177)^2 + 0.25 * (-0.123)^2

Variance = 0.00232 + 0.000173 + 0.001903

Variance = 0.004423

The standard deviation is the square root of the variance:

Standard deviation = √(0.004423)

Standard deviation = 0.0665

Therefore, the value obtained is 0.0665.

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Cody's Cafe uses 1 7/10 bags of coffee every day. How many days will 6 4/5 bags of coffee last?

Answers

Answer:

64/5 bags=128/17 days

Step-by-step explanation:

soln:

given,

17/10 bags=1 day

64/5 bags= ?

we know,

1 bag=10/15 day

so,

64/5 bags=10/15*64/5

•°•64/5 bags=128/17 days

The arcade is having a special promotion of 20% off the total bill on Tuesdays. Alice’s family went to the arcade and spent $85 on Tuesday. How much would they need to pay after the promotion?

Answers

The discount amount is $17 (20% of $85) and the amount to pay after the promotion is $68 ($85 - $17).

If the total bill was $85 and there is a 20% discount, we can find the amount of the discount by multiplying the total bill by 20% or 0.2:

Discount = $85 × 0.2 = $17

The amount of the discount is $17, so to find out how much Alice's family would need to pay after the promotion, we subtract the discount from the total bill:

Amount to pay after the promotion = $85 - $17 = $68

Therefore, Alice's family would need to pay $68 after the 20% promotion discount.

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simplify the following
7x+4x-2x​

Answers

Answer:

Answer

7x+4x-2x

=11x-2x

=9x

I need help with calculating the volume of this shape

I need help with calculating the volume of this shape

Answers

The volume of the oblique rectangular prism is 216 m³.

How to calculate the volume of an oblique rectangular prism?

The volume of an oblique rectangular prism is given by the formula:

V = l * w * h

Where l  and w are the length and width of the base respectively, and h is the perpendicular distance between the bases

In this case, l = 7.5 m and w = 4.5 m

Using trig. ratio:

tan 65 = h/3

h = 3 * tan 65

h = 6.4 m

Thus,

V = 7.5 * 4.5 * 6.4

V = 216 m³

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I NEED HELP

What is "y=2(x)+1"

Answers

I dont know what is  What is "y=2(x)+1" i think it might be x3 or somthing tell me if im wrong

Answer:

the slope is 2 but the y-intercept (0,1)

Step-by-step explanation:

Kevin bought snacks for his team's practice. He bought a bag of popcorn for $1.60
and a 8-pack of juice bottles. The total cost before tax was $16.80. How much was
each bottle of juice?



URGENTTTT

Answers

Answer:

$1.90

Step-by-step explanation:

16.80 - 1.60 = 15.20, since we are finding the price of each bottle of juice.

1) Set up and equation equated to 15.20.

8x = 15.20

x = 15.20/8

x = 1.90

Therefore, each bottle of juice costs $1.90.

$16.80-$1.60=$15.20
$15.20/8=$1.90

Help someone plzzzz!!!!

Help someone plzzzz!!!!

Answers

Answer:

G.

hope this explanation helps

Step-by-step explanation:

Help someone plzzzz!!!!

find the general solution of the differential equation dx/dt 2x = 6 2t 3te^t 4e^-2t

Answers

The general solution of the differential equation \(\frac{d}{dt}(2x) = 6 \cdot 2t + 3t \cdot e^t + 4 \cdot e^{-2t}\) is given by \($x - \frac{x^2}{2} = 3t^2 + 3te^{t} - 2e^{-2t}$\).

The given differential equation can be written as,

\(\frac{d}{dt} \left(2x\right) = 6 \cdot 2t + 3t \cdot e^t + 4e^{-2t}\)

The solution of the above differential equation can be found by applying the product rule,

\(\frac{d^2x}{dt^2} + 2 \frac{dx}{dt} = 6 2t + 3te^t + 4e^{-2t}\)

Rearranging the terms,

\($\frac{d^2x}{dt^2}-2\frac{dx}{dt} = 6 + 2t + 3te^{t} + 4e^{-2t}$$\)

Now, integrating both sides with respect to t,

\(\int 2\frac{dx}{dt} -2x \frac{d}{dt}dt = \int 6t^2e^t4e^{-2t}dt\)

\frac{d}{dt}\left(2x-\frac{2x^2}{2}\right)=\frac{6t^2}{2}+3te^{t}-4e^{-2t}+c

Substituting c = 0,

\($2x - x^2 = 6t^2 + 3te^{t} - 4e^{-2t}$\)

The general solution of the differential equation is given by,

\($x - \frac{x^2}{2} = 3t^2 + 3te^{t} - 2e^{-2t}$\).

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in situations where you need to compare forecasting methods for different time periods, the most appropriate accuracy measure is . a. mean squared error b. mean absolute percentage error c. mean absolute error d. mean error

Answers

Mean absolute percentage error is used in situations where you need to compare forecasting methods for different time periods.

The most used metric for gauging forecast accuracy is mean absolute percent error. It belongs to the category of scale-independent percentage errors, which may be used to compare series on various scales.

MAPE = mean (| eᵢ |/yᵢ )*100

where eᵢ is the error term and yᵢ is the actual data at the time i.

The drawback of MAPE is that it loses definition if the actual figure for any observation in the data has a value of 0.

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(15*2)/(4+10-8)

With a drawing please THANK YOU SOOO MUCH !!

Answers

Hopes It Help
Cyhcjvjvchchv
(15*2)/(4+10-8) With a drawing please THANK YOU SOOO MUCH !!

if larry drives to work in the morning,he will hit traffic

Answers

Answer:

E) None of the above

Step-by-step explanation:

If Larry drives to work in the morning, he will hit traffic. Therefore:

A) If Larry hits traffic, it must be morning.

B) If Larry drives to work in the afternoon, he will not hit traffic.

C) If Larry doesn't hit traffic, it must not be morning.

D) If Larry drives to work in the afternoon, he will hit traffic.

E) None of the above.

I need somebody’s help

I need somebodys help

Answers

Answer:

x= 40

so

3x-5= 115

2x-15= 65

Step-by-step explanation:

C is the correct answer. I see that you put a mark on that choice so you are right if you thought that. I hope this helps!

Answer:

C

Step-by-step explanation:

The 2 angles are same- side interior angles and are supplementary, thus

3x - 5 + 2x - 15 = 180, that is

5x - 20 = 180 ( add 20 to both sides )

5x = 200 ( divide both sides by 5 )

x = 40

Thus

3x - 5 = 3(40) - 5 = 120 - 5 = 115°

2x - 15 = 2(40) - 15 = 80 - 15 = 65°

Darnell uses 1 1/4 packages of bread to make 10 bracelets. He make 25 bracelets how packages of breads will he use

Answers

Answer:

3 1/8 packages of beads

Step-by-step explanation:

We know that Darnell uses 1 1/4 packages of beads to make 10 bracelets. In order to find how many packages of beads he'll need for 25 bracelets, we set up a proportion:

\(\frac{1\frac{1}{4} }{10} =\frac{x}{25}\), where x is the number of packages needed

Cross-multiply:

25 * 1 1/4 = 10x

1 1/4 is just 1.25 in decimal form, so:

25 * 1.25 = 10x

31.25 = 10x

x = 3.125 = 3 1/8

So, Darnell will use 3 1/8 packages of beads.

~ an aesthetics lover

Answer:

We can calculate how many packages he needs to make 5 bracelets and then times that by 5 to see how many he'll need for 25

Step-by-step explanation:

First of all, let's turn 1 1/4 to \(\frac{5}{4}\)

Now, if we divide the amount he needs for 10 bracelets by 2, we will have the amount he needs for 5 bracelets:

\(\frac{\frac{5}{4}}{2} = \frac{5}{4} * \frac{1}{2} = \frac{5}{8}\)

Now, as 25 divided by 5 is 5, we can multiply our answer by 5 to get the amount needed for 25 bracelets:

\(\frac{5}{8} * 5 = \frac{25}{8}\)

Now, we can turn this back into a mixed fraction:

\(\frac{25}{8} = 3\frac{1}{8}\)

So the answer is 3 1/8 packages of bread.

Using Green's Theorem, calculate the area of the indicated region. The area bounded above by y = 3x and below by y = 9x2 O 36 o O 54 18

Answers

The area of the region bounded above by y = 3x and below by y = 9x^2 is 270 square units.

To use Green's Theorem to calculate the area of the region bounded above by y = 3x and below by y = 9x^2, we need to first find a vector field whose divergence is 1 over the region.

Let F = (-y/2, x/2). Then, ∂F/∂x = 1/2 and ∂F/∂y = -1/2, so div F = ∂(∂F/∂x)/∂x + ∂(∂F/∂y)/∂y = 1/2 - 1/2 = 0.

By Green's Theorem, we have:

∬R dA = ∮C F · dr

where R is the region bounded by y = 3x, y = 9x^2, and the lines x = 0 and x = 6, and C is the positively oriented boundary of R.

We can parameterize C as r(t) = (t, 3t) for 0 ≤ t ≤ 6 and r(t) = (t, 9t^2) for 6 ≤ t ≤ 0. Then,

∮C F · dr = ∫0^6 F(r(t)) · r'(t) dt + ∫6^0 F(r(t)) · r'(t) dt

= ∫0^6 (-3t/2, t/2) · (1, 3) dt + ∫6^0 (-9t^2/2, t/2) · (1, 18t) dt

= ∫0^6 (-9t/2 + 3t/2) dt + ∫6^0 (-9t^2/2 + 9t^2) dt

= ∫0^6 -3t dt + ∫6^0 9t^2/2 dt

= [-3t^2/2]0^6 + [3t^3/2]6^0

= -54 + 324

= 270.

Therefore, the area of the region bounded above by y = 3x and below by y = 9x^2 is 270 square units.

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Let f(x) = 3 x 2+1, find f(2)

Answers

answer: 13

explanation: you plug in f(2)
3(2)2+1
(6)2+1
12+1
13

(1) How many elements in Z13 and (2) what are possible orders in Z13?
a. (1) Number of elements: 12 and (2) possible orders: 40, 1, 2,
3, 4, 6, 12)
b. (1) Number of elements: 13 and (2) possible orders: (1, 2, 3,
4, 6, 12, 13)
c. (1) Number of elements: 13 and (2) possible orders: 41, 2, 3,
4, 6, 12, 13)
d. (1) Number of elements: 12 and (2) possible orders: (1, 2, 3,
4, 6, 12)

Answers

Therefore, the correct answer is option b, which states that there are 13 elements in Z13 and the possible orders are 1, 2, 3, 4, 6, 12, 13.

The correct answer is option b. There are 13 elements in Z13 and the possible orders are 1, 2, 3, 4, 6, 12, 13.
Explanation: Z13 is the set of integers modulo 13, which means that the elements in Z13 are the remainders when integers are divided by 13. The elements in Z13 are {0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12}.
The order of an element in Z13 is the smallest positive integer n such that a^n = 1 (mod 13). The possible orders in Z13 are all the divisors of 12 (the number of elements in Z13 minus 1), which are 1, 2, 3, 4, 6, 12, and 13.

Therefore, the correct answer is option b, which states that there are 13 elements in Z13 and the possible orders are 1, 2, 3, 4, 6, 12, 13.

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Select the correct answer from each drop-down menu.

Select the correct answer from each drop-down menu.
Select the correct answer from each drop-down menu.
Select the correct answer from each drop-down menu.
Select the correct answer from each drop-down menu.

Answers

Answer:

so sorry i don't know the answer

Match each system of equations to its solution represented by an augmented matrix.

Answers

Answer:

Step-by-step explanation:

Match each system of equations to its solution represented by an augmented matrix.
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3x + y = 9Y= 3x +6How to solve in systems of elimination ? Hamilton argued that the federal government should BLANK, including a tax on BLANK This policy exposed BLANK among the American people.1st blank.: Reduce taxes or collect taxes2nd blank: Whiskey or tea or fabrics3rd blank.: strong agreement or great depression or deep divisionsPLEASE ANSWER FAST! ILL GIVE BRAINLIEST AND 35 POINTS How much is 3 quaters + three dimes + 5 cents equals?I'm trying to make a dollar If company A announced about the 50% increase of net income, and thenstock price of company A jumped from $40 per share to $60 at the moment of the announcement, One hour after the announcement the price increased again to $67. However, before the market closed, the stock price dropped back to $50 per share. The stock reaction is categorized an O1, Overreaction and Correction O2. Positive Sentiments O3, Efficient Market Reaction O4, Delay Reaction The ____________ holds that an individual should never do anything that is not honest, open, and truthful and that he or she would not be glad to see reported in the newspapers or on television. James Earns $7 every hour.Create/Draw a table to show how much money James earns from 0 to 5hours.(4 pts) Which of the following can the reader infer based on this article?A. Thirty thousand people live in the capital city of Iqaluit.B. The population of Nunavut is small because of the climate.C. Nunavut would have more people if it had more land area.D. Native Canadians founded Nunavut thousands of years ago. Is 2 5ths greater than 2 6ths Brad wants to buy flowers for his friendwith $15. The daisies are $1 each andthe roses are $3 each. He buys 3 moredaisies than roses.How much did the roses cost? Adverse Selection ProblemIt is March 2020 and there is evidence of people getting sick from an unknown virus. Only 2 percent of the population have visible symptoms; they require hospitalization and are known to have the virus. Another 10 percent of people are infected with the virus but are asymptomatic and do not know they are infected. The remaining 88 percent of the population are not infected with the virus. As of March 2020, there is no test to determine whether an asymptomatic person has the virus. Hospitalization costs range from $35,000 to $45,000 (with an average of $40,000). In the U.S., anyone who is hospitalized cannot buy health insurance because they already have the condition. These unlucky few must pay for healthcare out of their own pocket.Asymptomatic patients have a 50 percent chance of needing hospitalization. Uninfected patients have a 10 percent chance of eventually needing hospitalization. People who do contract the virus but who do not require hospitalization eventually recover at home and thus do not use insurance. Both the asymptomatic and uninfected population groups want to get insurance as soon as possible. (For ease of calculation, assume you do not need to re-normalize the size of the market to account for the 2% who cannot buy insurance.)Q1. No Insurance Case & Infected scenario. What is the expected cost to someone who has the virus, visible symptoms, and needs hospitalization? _______Q2. No information scenario. If you assume that both uninfected and asymptomatic patients want to buy insurance, how much would an insurance company in a competitive market charge for expected costs?__________________ Neither the insurance firms nor the prospective patients know who is infected and asymptomatic or uninfectedFull information scenario (Questions 3 and 4). Suppose that a test becomes available that can tell definitively whether an asymptomatic person has the virus. The test can also tell if a person is uninfected. Assume the government will pay for the test so neither patients nor insurance firms need to pay for it. What are the prices of insurance offered in the market:Q3. For asymptomatic infected patients, the price is:_______________Q4.For uninfected patients, the price is:___________________Suppose that, before the test becomes available, asymptomatic patients themselves can determine whether they have the virus because they cannot taste strawberries. People who can taste strawberries dont have the virus. Otherwise, there are no outwardly visible signs, and people who can and cannot taste strawberries can easily lie, so both can claim that their taste is fine.Q5.Since asymptomatic patients can easily lie about their tastebuds, insurance firms still have no data about who is uninfected and who is infected and asymptomatic. From their perspective, what is the expected cost of offering insurance to uninfected and infected and asymptomatic patients? _____________Q6. At the expected average insurance cost in Question 4, what can be said about the insurance contract that the uninfected patients will purchase? (Choose best answer):A) they will acutally buy a contract for $5400B) they will actually buy a contract for $5520C)They will not pay $5520 and will exit the marketD) They will actually buy a a contract for $4200 janet is making her annual visit to her dentist, dr. palmer. she is surprised when dr. palmer suddenly asks if janet has bulimia. what clue led dr. palmer to ask about bulimia? Answer ASAP PLS -Angle PQR and angle TQV are vertical angles. The measures of the two angles have a sum of 100. Write and solve an equation to find x, the measures of angle TQV. Does anyone know the answer to number 1? If the net present value profiles for two mutually exclusive capital projects are shaped as in the graph below, which of the following statements is true?A. Project 2 has a higher net present value than Project 1.B. Project 1 has a higher internal rate of return than Project 2.C. Project 2 has a higher internal rate of return than Project 1.D. Project 1 has a higher net present value than Project 2. 3)the planet venus has almost no equatorial bulge because it is rotating slowly (assume j2= 0). is it possible to have a sun synchronous orbit around venus? explain your answer. what is 24/30 written as a decimal Failing to bow when meeting people from certain asian cultures is likely to be interpreted as ______. Electromagnetic Spectrum LabDoes anyone know how to do this? find dy/dx of y=x^2 cos^4(x) what is the difference between reflecting across the x axis and reflecting across the y axis(i have to more additional questions)