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An insurance company offers MS adults between the ages of 25 and 34 a $100,000 life insurance policy for $18 a month. They use the
An insurance company offers MS adults between the ages of 25 and 34 a $100,000 life insurance policy for $18 a month. They use the fact that MS has a yearly death rate of 172.8 per 100,000 residents aged 25-34. If the insurance company has 10,000 customers with these life insurance policies in Mississippi, what is its profit at the end of the year?
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