Question: A 4 0 - year - old man in the U . S . has a 0 . 2 4 2 % risk of dying

A 40-year-old man in the U.S. has a 0.242% risk of dying during the next year. An insurance company charges $280 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 cent. Be careful with negative signs.
Expected Value: $ for the year
A 40-year-old man in the U.S. has a 0.242% risk of

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