Mathematics, 09.04.2020 23:18 leslieevanessa
Suppose a life insurance company sells a $240,000 one year term life insurance policy to a 25-year old female for $210. The probability that the female survives the year is .99592.Compute the expected value of this policy to the insurance company.
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Suppose a life insurance company sells a $240,000 one year term life insurance policy to a 25-year o...
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