subject
Mathematics, 06.07.2021 23:50 rosier2230

Suppose a life insurance company sells a $240,000 one-year term life insurance policy to a 19-year-old female for $240. The probability that the female survives the year is 0.999578. Compute and interpret the expected value of this policy to the insurance company. The expected value is $ (Round two decimal places as needed.)

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:30
The amount of money, in dollars, in an account after t years is given by a = 1000(1.03)^t. the initial deposit into the account was $_^a0 and the interest rate was _a1% per year. only enter numbers in the boxes. do not include any commas or decimal points^t. the initial deposit into the account was $__^a0 and the interest rate is % per year.
Answers: 1
question
Mathematics, 21.06.2019 19:50
Asequence is defined recursively using the formula f(n + 1) =f(n) - 5. which sequence could be
Answers: 1
question
Mathematics, 21.06.2019 20:30
Aswimming pool had 2.5 million liters of water in it. some water evaporated, and then the pool only had 22 million liters of water in it. what percent of the water evaporated?
Answers: 2
question
Mathematics, 21.06.2019 23:00
The perimeter of a rectangular rug is 24 feet. the length of the rug is 1 2/5 i s width. what is the area of the rug
Answers: 2
You know the right answer?
Suppose a life insurance company sells a $240,000 one-year term life insurance policy to a 19-year-o...
Questions
question
Mathematics, 09.03.2021 18:50
question
Mathematics, 09.03.2021 18:50
question
Mathematics, 09.03.2021 18:50
question
Mathematics, 09.03.2021 18:50
question
Mathematics, 09.03.2021 18:50
Questions on the website: 13722367