The probability that a 30-year-old male in the U.S. will die within one year is about 0.00142.?

The probability that a 30-year-old male in the U.S. will die within one year is about 0.00142. An insurance company is preparing to sell a 30-year-old male a one-year, $25,000 life insurance policy. How much should it charge for its premium in order to have a positive expectation for the policy? (Round your answer... show more The probability that a 30-year-old male in the U.S. will die within one year is about 0.00142. An insurance company is preparing to sell a 30-year-old male a one-year, $25,000 life insurance policy. How much should it charge for its premium in order to have a positive expectation for the policy? (Round your answer to the nearest dollar.)
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