Question
The probability that a 19-year-old male in the United States will die within 1 year is approximately 0.001188. If an insurance company sells a 1-year,
The probability that a 19-year-old male in the United States will die within 1 year is approximately 0.001188. If an insurance company sells a 1-year, $25,000 life insurance policy to a 19-year-old for $725, what is the company's expectation (in dollars)?
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Cambridge IGCSE And O Level Additional Mathematics Coursebook
Authors: Sue Pemberton
2nd Edition
1108411665, 9781108411660
