An insurance company will pay the face value of a term life insurance policy if the insured person dies during the term of the policy. For how much should an insurance company sell a 10-year term policy with a face value of $40,000 to a 30-year-old man for the company to make a profit? The probability of a 30-year-old man living to age 40 is 0.97. Explain your answer. Remember that the customer pays for the insurance before the policy becomes effective.