Avicenna, a major insurance company, offers five year life insurance policies to 65-year -olds. If the holder of one of these policies dies before the age of 70, the company must pay out $24,200 to the beneficiary of the policy. Executives at avicenna are considering offering these pollicies for $573 each. Suppose that for each holder of a policy there is 2% chance that they will die before the age of 70 and a 98% chance they will live to the age of 70