Question:

Assume that the probability of a 25 year old male living to

Last updated: 10/15/2023

Assume that the probability of a 25 year old male living to

Assume that the probability of a 25 year old male living to age 26 based on mortality tables is 0 992 If a 15 000 dollar one year term life insurance policy on a 25 year old male costs 100 dollars what is its expected value What is the expected value The expected value is dollars CLIES