An insurance company will sell a $90,000 one-year term life insurance policy to an individual in a

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An insurance company will sell a $90,000 one-year term life insurance policy to an individual in a particular risk group for a premium of $478. Find the expected value to the company of a single policy if a person in this risk group has a 99.62% chance of surviving one year.

Posted Date: Jun 14, 2024 12:21 AM

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An insurance company will sell a $90,000 one-year term life insurance policy to an individual in a

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