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Suppose a life insurance company sells $160,000 one year term life insurance policy to a 25-year-old female for $260. The probability that the female survives the year is 0.9994…

Suppose a life insurance company sells $160,000 one year term life insurance policy to a 25-year-old female for $260. The probability that the female survives the year is 0.9994…
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Suppose a life insurance company sells $160,000 one year term life insurance policy to a 25-year-old female for $260. The probability that the female survives the year is 0.999472

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User Husker Jeff
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Explanation:

check the answer in this pictures

Suppose a life insurance company sells $160,000 one year term life insurance policy-example-1
Suppose a life insurance company sells $160,000 one year term life insurance policy-example-2
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User Nawang
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