What is the expected value for the insurance policy

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Reference no: EM13203510

a 28-years-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 the expected value for the insurance policy?

Reference no: EM13203510

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What is the expected value for the insurance policy : a 28-years-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 the expected value for the insurance policy?

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