# The probability that an 80-year-old male in the U.S. will die within one year is approximately 0.069941.?

The probability that an 80-year-old male in the U.S. will die within one year is approximately 0.069941. If an insurance company sells a one-year, $14,000 life insurance policy to such a person for $495, what is the company's expectation? (Round your answer to two decimal places.)

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