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Math Homework: Section 6.1 Homework Save Score: 0 of 1 pt 7 of 11 (9 complete) HW Score: 55.31%, 6.08 of 11 pts X 6.1.25

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Homework: Section 6.1 Homework Save Score: 0 of 1 pt 7 of 11 (9 complete) HW Score: 55.31%, 6.08 of 11 pts X 6.1.25 Question Help Suppose a life insurance company sells a $220,000 one-year term life insurance policy to a 23-year-old female for $290. The probability that the female survives the year is 0 999559. Compute and interpret the expected value of this policy to the insurance company The expected value is $ (Round to two decimal places as needed.)

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