If a 40-year-old buys a $1500 life insurance policy at a cost of $50 and has a probability of 0.992 of
living to age 41, find the expectation of the policy until the person reaches 41.

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The Answer of If a 40-year-old buys a $1500 life insurance policy at a cost of $50 and has a probability of 0.992 of
living to age 41, find the expectation of the policy until the person reaches 41.

If a 40-Year-Old Buys a $1500 Life Insurance Policy at a Cost