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If a 60 year-old buys a $1000 life insurance policy at a cost of $100 and has a probability of 0.976 of living to
If a 60 year-old buys a $1000 life insurance policy at a cost of $100 and has a probability of 0.976 of living to age 61, find th expectation of the policy until the person reaches 61. Round your answer to the nearest cent. The expectation of the policy until the person reaches 61 is dollars.
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