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Mathematics, 02.11.2021 14:00 queenx1xshay

The probability that an 80-year-old male in the U. S. will die within one year is approximately 0.069941. If an insurance company sells a one-year, $12,000 life insurance policy to such a person for $445, what is the company's expectation? (Round your answer to two decimal places.)

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The probability that an 80-year-old male in the U. S. will die within one year is approximately 0.06...

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