Please if you are not sure 100 from your answer do not give

Please if you are not sure %100 from your answer do not give it to me. ONLY in details.

You have a data store valued at $500,000 and you wish to determine what type of fire suppression system is best. You have retrieved the following facts from the actuary database: Exposure Factor: 40% Expected Rate of Occurrence: Once every 10 years You have two options: Halon Gas and CO Halon Gas: $20K initially plus $5k annually for each of the 5 years of its useful life. Will reduce exposure to 10% CO2: $5K initially plus $10k annually for each of the 5 years of its useful life. Will reduce exposure to 20%

5 year loss expectancy with no countermeasure: ________________________________.

5 year loss expectancy with Halon: ________________________________?.

5 year loss expectancy with CO2: ________________________________.

Total savings with Halon: ________________________________.

Total loss with CO2: ________________________________.

Solution

5 year loss expectancy with no countermeasure - $ 500000 * 1/2 * 40% = $ 100000

5 year loss expectancy with halon = $ 20000 + 5 * $ 5000 + $ 500000* 1/2 *10% = $ 70000

5 year loss expectancy with Co2 = $5000 + 5 * $ 10000 + $ 500000* 1/2 *20% = $105000

saving with halon $ 30000

loss with Co2 $ 5000