Question:
The probability that a 30-year-old female will live to age
Last updated: 7/10/2022
The probability that a 30-year-old female will live to age 31 is 0.98. If a $500,000 one-year term life insurance policy costs $4,000 a year, what is the expected value? $6,080 $5,000 -$200 -$4,000