Question: I can NOT see any files please put the answer in the text box :) A company estimates that 0.9% of their products will fail
I can NOT see any files please put the answer in the text box :)

A company estimates that 0.9% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $350. If they offer a 2-year extended warranty for $45, what is the company's expected value of each warranty sold? Round your answer to the nearest cent. { |
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