i cant find the formula, need help working the formula out

Brian wants to buy a motorcycle and is planning to get motorcycle insurance. Suppose the
average accident rate is 0.1 and the average expenses incurred on accidents is $38,000.
The insurance plan has a yearly premium of $1,000 and a deductible of $4,000.

-$450
$1,200
-$1,200
$400

Question

i cant find the formula, need help working the formula out


Brian wants to buy a motorcycle and is planning to get motorcycle insurance. Suppose the
average accident rate is 0.1 and the average expenses incurred on accidents is $38,000. 
The insurance plan has a yearly premium of $1,000 and a deductible of $4,000. 

-$450
$1,200
-$1,200
$400

anonymous · Answer

which formula are you looking for

anonymous · Answer

the expected value i updated the question