Mathematics, 12.12.2019 02:31 milkshakegrande101

You insurance policy on your car costs $600 a year. if you total your vehicle,
you insurance company will pay $25,000 towards a new vehicle. the
probability that you will total your car is .002. what is your annual expected
value?
a $550
b -$550
c $24350
d -$24350

Answers: 2

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You insurance policy on your car costs $600 a year. if you total your vehicle,
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More questions: Mathematics Another questions

You insurance policy on your car costs $600 a year. if you total your vehicle, you insurance company will pay $25,000 towards a new vehicle. the probability that you will total your car is .002. what is your annual expected value? a $550 b -$550 c $24350 d -$24350

Answers

Another question on Mathematics

You insurance policy on your car costs $600 a year. if you total your vehicle,
you insurance company will pay $25,000 towards a new vehicle. the
probability that you will total your car is .002. what is your annual expected
value?
a $550
b -$550
c $24350
d -$24350