A tree cutting business has an insurance policy to cover any damages caused during the tree cutting process. The business pays an annual premium of $1,500 for a policy that covers up to $500,000 in damages. The probability of a tree causing damage is 0.002. What is the expected value?

Gravel is being dumped from a conveyor belt at a rate of 25 ft3/min, and its coarseness is such that it forms a pile in the shape of a cone whose base diameter and height are always equal. how fast is the height of the pile increasing when the pile is 14 ft high? (round your answer to two decimal places.) ft/min