36.7. If 2 .09 and initially N 10, what is the probability that N 12 one year later? What is the probability that N= 12 two years later? Use the equation below to estimate the probability of N=10 PN(1) = No+j=1)(N,+j=2)..No e-MNo+jt(ed – 1y j!

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36.7. If 2 = .09 and initially N = 10, what is the probability that N = 12 one year
later? What is the probability that N= 12 two years later?
Use the equation below to estimate the
probability of N=10
(No+j-1)(No+j-2)...N
0が
j!
|
Transcribed Image Text:36.7. If 2 = .09 and initially N = 10, what is the probability that N = 12 one year later? What is the probability that N= 12 two years later? Use the equation below to estimate the probability of N=10 (No+j-1)(No+j-2)...N 0が j! |
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