Mathematics, 07.04.2021 08:30, atkinsonl1076

Assume that you have a car worth $7300 and you wish to insure it for its full replacement value if it is stolen. If there is a 2% chance that the car will be stolen, what would a fair premium price be?

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Assume that you have a car worth $7300 and you wish to insure it for its full replacement value if i...