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2 - P(a 40 year old survives the year)=0.999375 Life insurance policy $125,000 Annual Premium $175 What is the expected value of this policy to
2 - P(a 40 year old survives the year)=0.999375
Life insurance policy $125,000
Annual Premium $175
What is the expected value of this policy to the insurance company?
(round final answer to two decimal places)
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