Mathematics, 23.06.2019 06:20 palcochran1313
Suppose that the probability that a person will die in the next 20 years is 7.2698%. if this person has a life insurance policy that will pay out $60,000 to the beneficiaries of the policy if the person dies in the next 20 years, what is the premium of the policy? assume that the administrative costs of the policy amount to $75. a. $60,000 b. $4361.88 c. $4436.88 d. $4523.89
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Suppose that the probability that a person will die in the next 20 years is 7.2698%. if this person...
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