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28-09-2022
Mathematics

Answered

A 40-year-old man in the U.S. has a 0.246% risk of dying during the next year . An insurance company charges $260 per year for a life-insurance policy that pays a $100,000 death benefit. What is the expected value for the person buying the insurance? Round your answer to the nearest dollar.
Answer Expected Value: $ ? for the year

Answer :

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