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and interefet the expectad valat of tias polcy te the insura.pdf

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An insurance company sold a $150,000 one-year term life insurance policy to a 23-year-old female for $190. The probability that the female survives the year is 0.9996. The insurance company must calculate the expected value of this policy.

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and interefet the expectad valat of tias polcy te the insurance 00epary Than nspectind hatu is 3 (Rosind to hio otcimal places as nended)and interpet the expected value of this polcy to the inturance company The expected value is $ (FRound to two decimal places as needed)surance company solls a $150,000 one-year torm life insurance policy to a 23 -year-old fomato for $190. The probability that the fermale survives the year is 0.9996 expected value of this policy to the insurance company.

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and interefet the expectad valat of tias polcy te the insura.pdf

  • 1. and interefet the expectad valat of tias polcy te the insurance 00epary Than nspectind hatu is 3 (Rosind to hio otcimal places as nended)and interpet the expected value of this polcy to the inturance company The expected value is $ (FRound to two decimal places as needed)surance company solls a $150,000 one-year torm life insurance policy to a 23 -year-old fomato for $190. The probability that the fermale survives the year is 0.9996 expected value of this policy to the insurance company.