An insurance policy sells for ​$1000. Based on past​ data, an average of 1 in 125 policyholders will file a ​$10,000 ​cl

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An insurance policy sells for ​$1000. Based on past​ data,an average of 1 in 125 policyholders will file a ​$10,000 ​claim,and an average of 1 in 200 policyholders will file a ​$40,000
​claim, and an average of 1 in 400 policyholders will file an​$80,000 claim. Find the expected value​ (to the company) perpolicy sold. If the company sells 20,000
​policies, what is the expected profit or loss?
The expected value is $
The expected (loss/profit) is $