Mathematics, 03.10.2021 01:40 nayelidlc2
A life insurance policy pays $180000 if a customer passes away during the year. At the start of each year, a customer pays $354 for the insurance.
Assume that in any year, a certain population has 184 fatalities per o100,000. What is the expected
value of a single one of these customers for the insurance company (for one year)?
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A life insurance policy pays $180000 if a customer passes away during the year. At the start of each...
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