Mathematics, 14.12.2020 02:30 ewaltz74
A life insurance company is offering Anna a $100,000 life insurance policy for
$300. The insurance actuary has calculated that the probability of death within
a year of a 30 year old woman is 0.00064. Determine the expected value of the
insurance policy to Anna.
Answers: 2
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A life insurance company is offering Anna a $100,000 life insurance policy for
$300. The insurance...
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