Mateo is a 60-year-old Latino male in reasonably good health. He wants to take out a $50,000 term life insurance policy until he is 65. The policy will expire on his 65th birthday. If he dies before his 65th birthday, the insurance company will pay out $50,000 to his beneficiaries. The probability of death in a given year is provided below. x = age 60 61 62 63 64 P(death at this age) 0.01093 0.01471 0.01750 0.01981 0.02251