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HW Score: 56,834. 17.05 of 30 E Homework: Exam #1 Question 9, 5.EOC.43-E points O Points: 0 of 2 Save Travel insurance reimburses travelers for
HW Score: 56,834. 17.05 of 30 E Homework: Exam #1 Question 9, 5.EOC.43-E points O Points: 0 of 2 Save Travel insurance reimburses travelers for the cost of their trips if the trips are canopied for a variety of reasons. If an $11,000 policy costs $400 and you estimate that there is a 5% chance a trip will be canceled, should a traveler purchase the insurance? The EMV is $ . which is the cost of the Insurance. Therefore, a traveler the insurance. (Type an integer or a decimal. Do not round.)
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