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What is the net profitability in dollars

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Question: An insurance company collected $3.6 million in premiums and disbursed $1.96 million in losses. Loss adjustment expenses amounted to 6.6 percent and dividends paid to policyholders totaled 1.2 percent. The total income generated from their investments was $170,000 after all expenses were paid. What is the net profitability in dollars?

Reference no: EM131633139

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