Question: Sara has a 5 - year - old laptop that she uses for work. She wants to take out a $ 2 , 0 0

Sara has a 5-year-old laptop that she uses for work. She wants to take out a $2,000 term insurance policy to cover any damages to the laptop until it reaches 10 years old. Assume that the probability of the laptop encountering a major technical issue in each of the next 5 years is as follows:
x = age56789P(technical issue)0.011810.012820.013960.015130.01623
Sara is applying to an insurance company for her laptop insurance policy. If the insurance company wants to make a profit of $60 above the expected total losses, how much should it charge for the policy?
$192.90$194.90$197.90$199.90$201.90

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