Mathematics

18 April, 18:47

A 28-year-old man pays $165 for a one-year life insurance policy with coverage of $140,000. If the probability that he will live through the year is 0.9994, what is his expected value for the insurance policy?

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “A 28-year-old man pays $165 for a one-year life insurance policy with coverage of $140,000. If the probability that he will live through ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

The probability of winning a race is 5/12. What are the odds in favor of winning the race?

An antilipidemic agent contains 5 mg of the medication per tablet. How many tablets would be necessary to supply 35 mg per dose?

3ab-2bc=12 solve for c

I have a triangle each of the angles of my triangle or 60° I have a similar triangle that is 10 times bigger what is the measurement of the angles

Felipe finished his history assignment in 2/5 hours. Then he completed his math assignment in 3/4 hours. How much more time did Felipe spend on his math assignment?

New Questions in Mathematics

If a figure is a cube, then it has eight vertices.

What percent of 52 is 12? Round your answer to the nearest tenth.

What is the interquartile range of the data? 120, 140, 150, 195, 203, 226, 245, 280 235.5 90.5 54 160 What is the interquartile range of the data? 53, 62, 67, 71, 83, 94, 102, 105 33.5 62 98 1 62.5

Which one of the following fractions is not equivalent to the others? 12/15, 20/25, 25/30, 28/35

Katie is planting a garden for her science fair project. She needs 2/3 of a cup of soil to go in 8 different pots. How many cups of soil does she needs in total