You purchase a $100,000 life insurance policy for a $300 premium each year. If the probability of living is 0.999, find the expected value for the insurance company.

The expected value for the insurance company is $200

Step-by-step explanation:

In order to calculate the expected value for the insurance company we would have to make the following calculation:

expected value for the insurance company=expected value live+expected value die

expected value live=Net gain*probability of living

expected value live=$300*0.999=$299.70

expected value die=Net gain*probability of die

expected value die=(-$100,000 + $300)*0.001

expected value die=$-99.70

Therefore, expected value for the insurance company=$299.70-$99.70

expected value for the insurance company=$200

The expected value for the insurance company is $200

4x and 6y

im not sure though

126.66 m²

step-by-step explanation:

the pertinent area formula is a = πr², where r is the radius.

here, a = π(6.35 m)² = 40.32π, or approximately 126.66 m²