Determine the expected amount of time (in years) between loss occurrences in excess of $1 billion.
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- Flood damage in any year is given according to the following table. With your combined knowledge on probability and engineering economics, what is the present worth of flood damage for a ten year period? use 6% as the effective annual interest rate. Damage Probability 0 0.75 10,000 0.20 20,000 0.04 30,000 0.015. A report by the Government Accountability Office (GAO) shows that the GAO expects the U.S. Postal Service to lose a record $7 billion at the end of this year, and if the business model is not changed, the losses will total $241 billion by the end of year 10. If the losses increase uniformly over the 10-year period, determine the loss 5 years from now. $107.7 billion $111 billion $261.1 D $26 billionCan I get a thorough step by step for the following question? The American Water Works Association estimates that 18% of the water that utilities process is lost each day. Assuming that the loss was from public supply withdrawal in 2020 (population 331,449,281, public supply withdrawal 1.93x108 m3/d), estimate the total value of the lost water if delivered water costs $0.47 per cubic meter.
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- ExxonMobil is using a recently installed remotely controlled system to detect underwater leakage from offshore platforms. Assume this system costs $3 million to install and an estimated $200,000 per year for all materials, operating, personnel, and maintenance costs. The expected life is 10 years. An engineer wants to estimate the total revenue requirement for each 6-month period that is necessary to recover the investment, interest, and annual costs. Find this semiannual A value if capital funds are evaluated at 8% per year compounded semiannually.Find the compound interest at the end of the 10 years for 5000 at 8% compounded quarterly1- What is the probability that a 50-year event will not occur within the next 10 years? probability that a 50-year event will occur at least one time within the next 10 years? What is the