An insurance company estimates the probability of an earthquake in the next year to be 0.0015.The average damage done to a house by an earthquake it estimates to be $90,000.If the company offers earthquake insurance for $150, what is company`s expected value of the policy?

Hint:Think, is it profitable for the insurance company or not? Will they gain (positive expected value) or lose (negative expected value)? If the expected value is negative, remember to show "-" sign. No "+" sign needed for the positive expected value.

Enter your answer in dollars, rounded to the nearest hundredth.

Answer: $Answer