Mathematics, 21.07.2021 22:00 martinez18abdel

The probability that a 70-year-old female in the U. S. will die within one year is about 0.048711. An insurance company is preparing to sell a 70-year-old female a one-year, $55,000 life insurance policy. How much should it charge for its premium in order to have an expectation of $0 for the policy (i. e., make no profit and make no loss)? (Round your answer to the nearest dollar.)

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 14:10, shygrl05

What is the value of the digit 1 in the number 13?

Answers: 2

continue

Mathematics, 21.06.2019 21:30, Bra1nPowers

An internet company charges $8.95 per month for the first 3 months that it hosts your web site. then the company charges $11.95 per month for web hosting. how much money, in dollars, will the company charge for 8 months of web hosting?

Answers: 1

continue

Mathematics, 21.06.2019 22:30, hala201490

Avery’s piggy bank has 300 nickels, 450 pennies, and 150 dimes. she randomly picks three coins. each time she picks a coin, she makes a note of it and puts it back into the piggy bank before picking the next coin.

Answers: 1

continue

Mathematics, 22.06.2019 00:00, joe1591

Which of the following are arithmetic sequences? check all that apply. a. 0.3, 0.6, 0.9, 1.2, 1.5, b. 2, 3, 6, 11, 18, c. 150, 147, 144, 142, d. 2, 4, 9, 16, 25,

Answers: 1

continue

You know the right answer?

The probability that a 70-year-old female in the U. S. will die within one year is about 0.048711. A...