document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=924881>Question 924881</A>: <I><SPAN STYLE=\"word-break: break-all;\">  I nned to see the work so i can figure these types of problems on my own. Any help is greatly appreciated!!!\r<BR>\n" );
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document.write( "An insurance company will insure a $300,000 home for its total value for an annual premium of $540. If the company spends $30 per year to service such a policy, the probability of total loss for such a home in a given year is 0.001 and you assume either total loss or no loss will occur, what is the company's expected annual gain (or profit) on each such policy? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #561146 by </B><A HREF=/tutors/aboutme.mpl?userid=ewatrrr><B>ewatrrr(24785)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ewatrrr><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ewatrrr><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=561146\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> expected annual gain = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=.999%2A540+-+.001%28300000+-+540%29+-+30 ALIGN=MIDDLE  ALT=\".999%2A540+-+.001%28300000+-+540%29+-+30\"   DISABLED_style= \"max-width:90%; height:auto;\" > = $210 </SPAN>\n" );
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