an LG dishwasher cost 800$, has a 20% chance of needing to be replaced in the first two years of purchace. A two-year extended warrenty cost 112.10$ on a dish washer. what is the expected value of the extended warrenty assuming it is replaced in the first 2 years?

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 8P
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an LG dishwasher cost 800$, has a 20% chance of needing to be replaced in the first two years of purchace. A two-year extended warrenty cost 112.10$ on a dish washer. what is the expected value of the extended warrenty assuming it is replaced in the first 2 years?

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