If the executives at Avicenna know that they will sell many of these policies, should they expect to make or lose money from offering them? How much?
To answer, take into account the price of the policy and the expected value of the amount paid
out to the beneficiary.
Avicenna can expect to make money from offering these policies.
In the long run, they should expect to make 484 dollars on each policy sold.
Avicenna can expect to lose money from offering these policies.
In the long run, they should expect to lose ] dollars on each policy sold.
Avicenna should expect to neither make nor lose money from offering these policies.
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i need more details

step-by-step explanation:

the above table 1 will calculate the population size (n) after a certain length of time (t). all you need to do is plug in the initial population number (no), the growth rate (r) and the length of time (t). the constant (e) is already entered into the equation. it stands for the base of the natural logarithms (approximately 2.71828). growth rate (r) and time (t) must be expressed in the same unit of time, such as years, days, hours or minutes. for humans, population growth rate is based on one year. if a population of people grew from 1000 to 1040 in one year, then the percent increase or annual growth rate is 40/1000 x 100 = 4 percent.

step-by-step explanation: