Mathematics
JacobStennis515
27

a 30 year old woman decides to pay $390 for a one year life insurance policy with coverage of $150,000.00 the probability of her living through the year is 0.9976. what is the expected value for this insurance policy?

+2
(1) Answers
merebuckzgotti

I'm not entirely sure, but I belive the expected value is .9976*150k divided by 390 dollars. Please check this, as I don't know for sure

Add answer