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  • 5 years ago

your insurance company has apolicy to insure personal property. assume you have a laptop computer worth $2,600 and there is a 4% chance that the laptop will be lost or stolen during the next year. What would be a fair premium for the insurance? (we are assuming that the inssurance company earns in profit a fair premium for the insurance would be $_)

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spraguer (Moderator)
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