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There is a 0.99966 probability that a randomly selected 24-year-old female lives through
the year. An insurance company wants to offer her a one-year policy with a death benefit
of $600,000. How much should thecompany charge for this policy if it wants an expected
return of $600 from all similar policies?
The company should charge $.
(Round to the nearest dollar.)

There is a 099966 probability that a randomly selected 24yearold female lives through the year An insurance company wants to offer her a oneyear policy with a class=


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