Acompany estimates that 0.1% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $500.

if they offer a 2 year extended warranty for $36, what is the company's expected value of each warranty sold?

Answer for 2: his profit would be $2.88 explanation: you have to first multiply 72 and 0.12 together to get $8.64 once you do that you know how much money the shopkeeper made from selling the candy bars individually. so you have to do 8.64-5.76=2.88 hope that ; )answer for 3: yeah i’m sorry i have no idea what number 3 is. i’m sorry i couldn’t with that.