Hello if his gross pay is $587.34 and tax deductions are $374.73, then his net pay will be $212.61. good luck!
Answer:
C.
Step-by-step explanation:
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The expected value for the person buying the insurance is -25.
<h3>How the expected value is calculated?</h3>
The expected value is the average gain or loss of an event if the event is repeated a number of times.
Expected value = ∑xP(x)
<h3>Calculation:</h3>
It is given that,
The probability of a 47-year-old woman passing away during the coming year is 0.179% = 0.00179
The death benefit = $100,000 - $204 = $99,796
The loss from living = -204
Then the expected value = 99796(0.00179) + (-204)(0.99821) = -25
Therefore, the expected value for the person buying the insurance is -25.
Learn more about the expected value here:
brainly.com/question/10675141
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Any equation where you have a y and a x
