Suppose a life insurance company sells a $290 comma 000 one-year term life insurance policy to a 25-year-old female for $300

Question

3 years ago

10

Suppose a life insurance company sells a $290 comma 000 one-year term life insurance policy to a 25-year-old female for $300

. The probability that the female survives the year is 0.999497. Compute and interpret the expected value of this policy to the insurance company. The expected value is $ nothing.

Mathematics

1 answer:

Alona [7] · Answer 1 · 2022-06-02T08:01:29+03:00

Alona [7]3 years ago

4 0

Answer:

what are you asking

Step-by-step explanation:

_/(-_-)

Suppose a life insurance company sells a ​$290 comma 000 ​one-year term life insurance policy to a 25​-year-old female for ​$300

Suppose a life insurance company sells a $290 comma 000 one-year term life insurance policy to a 25-year-old female for $300