Suppose a cell phone company has 20,000 customers with only 1 cell phone each. Also suppose 1.5% of the cell phones next

[answerhappygod]

Suppose a cell phone company has 20,000 customers with
only 1 cell phone each. Also suppose 1.5% of
the cell phones next year malfunction. The cell phone company
reimburses the customer $340 when the phone malfunctions.
How much money does the cell phone company expect to pay out
for malfunctions next year? Do not include a dollar sign or
commas.