When you buy the latest iPad for $799, they offer you an extended warranty for $90; they will replace the



When you buy the latest iPad for $799, they offer you an extended warranty for $90; they will replace the iPad if it breaks in the next 2 years. The probability that it will break is 0.1. Assume there is no chance the ipad can break more than one time in the next two years. Calculate the total expected cost of the ipad if you take the warranty (i.e. include cost of ipad and warranty). Enter this value below in dollars (calculated to nearest cent, i.e. $10.90, etc).




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