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Show transcribed image text Suppose a life insurance company sells a $200,000 one-year term life insurance policy to a 25-year-old female for $190. The probability ome that the female survives the year is 0.999565. Compute and interpret the expected value of this policy to the insurance company r Inter| ents The expected value is sâ–¡ (Round to two decimal places as needed) ote
Suppose a life insurance company sells a $200,000 one-year term life insurance policy to a 25-year-old female for $190. The probability ome that the female survives the year is 0.999565. Compute and interpret the expected value of this policy to the insurance company r Inter| ents The expected value is sâ–¡ (Round to two decimal places as needed) ote
