The probability a 30 year old woman survives the year is 999363 She pays 259...
70.2K
Verified Solution
Link Copied!
Question
Algebra
The probability a 30 year old woman survives the year is 999363 She pays 259 for a one year 219000 life insurance policy What is the expected value of the policy for the insurance company Round your answer to the nearest cent
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!