- #1
bzsmtp
- 2
- 0
I am following a book and can't arrive at the same answer. Not sure what to try next.
(1-x)(1-0.03)^2
the book then says = 0.667
x= 0.291
my attempt
(1-x)(1 - .03)(1 - .03)
then i get confused
(1-x)(0.9409)
not sure ><
(1-x)(1-0.03)^2
the book then says = 0.667
x= 0.291
my attempt
(1-x)(1 - .03)(1 - .03)
then i get confused
(1-x)(0.9409)
not sure ><