9.Use the following information to answer questions 9.1-9.4. Round to two decimal placeswhen calculating your answer.(4 points)

Happy Time Day Camp has the following distribution for its annual liability costs:

Loss =	$2,000,000	with probability .0001
	$100,000	with probability .001
	$5,000	with probability .1
	$0	with probability .8989

9.1. What are the expected claim costs for Happy Time?

9.2. If an insurer offered Happy Time a policy with 50% coinsurance, what are the expected claim costs on this policy?

9.3 If an insurer offered Happy Time a policy with a $5000 annual deductible, what are the expected claim costs on this policy?

9.4 If an insurer offered Happy Time a policy with a $500,000 limit, what are the expected claim costs on this policy?