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An insurance company offers Mississippi adults between the ages of 25 and 34 a $100,000 life insurance policy for $216 a year. According to the

An insurance company offers Mississippi adults between the ages of 25 and 34 a $100,000 life insurance policy for $216 a year. According to the national vital statistics report, the probability that an adult between the ages of 25 to 34 in Mississippi survives the year is 0.998272.

Find the expected value per customer for the insurance company at the end of one year for the policy described. Show all work.

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