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09-10-2022
Mathematics

Answered

Life Insurance A 34-year-old woman purchases a $100,000 term life insurance policy for an annual payment of $350. Based on
a period life table for the U.S. government, the probability that she will sunlive the year is 0.999054. Find the expected value of
the policy for the insurance company. Round to two decimal places for currency problems.
The expected value of the policy for the insurance company is

Answer :

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