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Mathematics, 04.10.2021 18:30 iBrain

Out of 5000 policies for cell phones, a company received 585 claims. The average amount paid on the claims was $80. If the annual cost of the policy was $48, what was a customers expected value of the cell phone insurance policy? $9.36

$5.13

-$38.64

$9.36

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Answers: 3

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