Question: (1 point) Sam is applying for a single year life insurance policy worth $73,850.00 . If the actuarial tables determine that he will survive the

(1 point) Sam is applying for a single year life insurance policy worth $73,850.00 . If the actuarial tables determine that he will survive the next year with probability 0.999 , what is his expected value for the life insurance policy if the premium is $368.00 ? Give your answer to the nearest penny. equation editorEquation Editor (Note: Include dollar signs in your answer. If your answer is negative, answer as -$123.45)

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