Mathematics, 08.07.2020 21:01 destini69

An insurance company insures an antique stamp collection worth $20,000 for an annual premium of $300. The insurance company assesses the chance that the stamp collection is lost, stolen, or destroyed at
.002. What is the expected annual profit for the insurance company?

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An insurance company insures an antique stamp collection worth $20,000 for an annual premium of $30...