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help please Question 25 4 Jim has a 5-year-old car in reasonably good condition. He wants to take out a $20,000 term (that is, accident

help please

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Question 25 4 Jim has a 5-year-old car in reasonably good condition. He wants to take out a $20,000 term (that is, accident benefit) car insurance policy until the car is 10 years old. Assume that the probability of a car having an accident in the year in which it is x years old is as follows: x = age 5 6 8 9 P(accident) 0.01182 0.01282 0.01386 0.01513 0.01602 Jim is applying to a car insurance company for his car insurance policy. If the car insurance company charges $7000 for the policy, how much profit does the company expect to make? Round your answer to the nearest dollar $5604 $5609 $5602 $5611 O $5607

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