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A 40-year-old man in the U.S. has a 0.24% risk of dying during the next year . An insurance company charges $290 per year for a life-insurance policy that pays a $100,000 death benefit. What is the expected value for the person buying the insurance? Round your answer to the nearest dollar.

User Wei Xu
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The answer is 46 dollars

A 40-year-old man in the U.S. has a 0.24% risk of dying during the next year . An-example-1
User Mohamed DiaaEldin
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