Mathematics, 10.02.2020 17:59 jessicadempsey

A flood insurance company sells policies for $700 per year. If a customer's house is flooded, they are given $250,000 for repairs. The insurance company has calculated the chances that a house is flooded to be 12,500 over the year. How much money can the insurance company expect to make with each policy sold?

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A flood insurance company sells policies for $700 per year. If a customer's house is flooded, they a...

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