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4 March, 02:38

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? A. $133.94 B. $152.98 C. $148.98 D. $161.30

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  1. 4 March, 02:59
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    2% comes out to be. 02 and the u divide
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