Question: can you please please help me answer this one Problem 3 (20%) joint probability a Calculate the six values of joint probability (5th column) and
Problem 3 (20%) joint probability a Calculate the six values of joint probability (5th column) and present worth PW (last column) and fill in the below table assuming a first cost of $20,000 and 12% interest rate. Annual benefits Probability Life (years) Probability Joint probability PW $5,000 30% 6 66.7% $8,000 60% 6 66.7% $10,000 10% 6 66.7% $5,000 30% 33.3% $8,000 60% 33.3% $10,000 10% 33.3% ola 9 9 9
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