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Part 1 is just the information needed to solve the question in part 2. Part 2 is the actual question that I'm having problems with.
Part 1 is just the information needed to solve the question in part 2. Part 2 is the actual question that I'm having problems with.
The Apple company will which the device failed. device that first 3 years after purchase Apple manufactures a USG two non rechargeables honreplaceable batteries. The company backs this product With a guarantee that if the device fails in the pay the consumor ico dollars at the end of the year in the device will fail if either battery fails. Each battory has a probability of failure according to the mortality table below. Ra=0.03 &r=0.09 22=0.14 23=0,18 * lx = a person age "X" dying within 1 year The interest rate is 5%. 1 Press compute the acturia! Prescht value of the warranty) The Apple company will which the device failed. device that first 3 years after purchase Apple manufactures a USG two non rechargeables honreplaceable batteries. The company backs this product With a guarantee that if the device fails in the pay the consumor ico dollars at the end of the year in the device will fail if either battery fails. Each battory has a probability of failure according to the mortality table below. Ra=0.03 &r=0.09 22=0.14 23=0,18 * lx = a person age "X" dying within 1 year The interest rate is 5%. 1 Press compute the acturia! Prescht value of the warranty) Step by Step Solution
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