2 25 pts You insure three clients with car insurance, and the policies cover total loss only. Based on data such as number of miles driven, frequency of accidents in the area, and driving record, Client A has a 9% chance of incurring a total loss this year, and Client A has a vehicle worth $8500. Client B has a 7% chance of incurring a total loss this year and has a vehicle worth $6400. Client C has a 11% chance of incurring a total loss this year and has a vehicle worth $11,600. Based on your expected expenses this year and your desire to offer the three policies at the same price, what is the minimum you should charge each client for annual premium? Round to the nearest cent