Mathematics, 21.07.2021 22:00 martinez18abdel
The probability that a 70-year-old female in the U. S. will die within one year is about 0.048711. An insurance company is preparing to sell a 70-year-old female a one-year, $55,000 life insurance policy. How much should it charge for its premium in order to have an expectation of $0 for the policy (i. e., make no profit and make no loss)? (Round your answer to the nearest dollar.)
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The probability that a 70-year-old female in the U. S. will die within one year is about 0.048711. A...
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