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Find the expected value of buying the extended warranty. The expected value of buying the extended warranty is . A new flat - screen TV

Find the expected value of buying the extended warranty.
The expected value of buying the extended warranty is.A new flat-screen TV comes with a1-year warranty wh ich completely covers any parts and repairs. At the end of the warranty period, the buyer is offered an extended warranty for3more years at a cost of $90.Industry records indicate that during that3-year period, there\'s a6%chance that a minor repair averaging $105will be needed, and a2%chance that a major repair averaging $270 will be needed.
Find the expected value of buying the extended warranty.
 

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