Question: Chapter 4: Problem 9 Previous Problem Problem List Next Problem (1 point) Sam is applying for a single year life insurance policy worth $46,800.00. If

 Chapter 4: Problem 9 Previous Problem Problem List Next Problem (1

Chapter 4: Problem 9 Previous Problem Problem List Next Problem (1 point) Sam is applying for a single year life insurance policy worth $46,800.00. If the actuarial tables determine that she will survive the next year with probability 0.993, what is her expected value for the life insurance policy if the premium is $369.00? (Note: Include dollar signs in your answer)

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