Suppose a company charges an annual premium of $450 for a fire insurance policy. in case of a fire claim, the company will pay out an average of $100,000. based on actuarial studies, it determines that the probability of a fire claim in a year is 0.004. what is the expected annual profit of a fire insurance policy for the company?

Which statements are true? check all that apply. the line x = 0 is perpendicular to the line y = –3. all lines that are parallel to the y-axis are vertical lines. all lines that are perpendicular to the x-axis have a slope of 0. the equation of the line parallel to the x-axis that passes through the point (2, –6) is x = 2. the equation of the line perpendicular to the y-axis that passes through the point (–5, 1) is y = 1.