Jim is a 60-year-old Anglo male in reasonably good health. He wants to take out a $50,000 term (i.e., straight death benefit) life insurance policy until he is 65. The policy will expire on his 65th birthday. The probability of death in a given year is provided.x= age6061626364P(death at this age)0.011380.014110.016420.020650.02296Jim is applying to Big Rock Insurance Company for his term insurance policy.

(a)What is the probability that Jim will die in his 60th year? (Enter a number. Enter your answer to five decimal places.)