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O Points: 0 of 1 Save Suppose a fe insurance company sells a $200.000 1-year term te insurance policy to a 20-year-old female for $290.
O Points: 0 of 1 Save Suppose a fe insurance company sells a $200.000 1-year term te insurance policy to a 20-year-old female for $290. According to the National Vital Statics Report S821), the probability that the female survives the year is 000544 Compute and interpret the expected value of this policy to the insurance company The expected value is (Round to the nearest cent as needed)
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