shesbabyj8495 shesbabyj8495
  • 11-03-2024
  • Mathematics
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A whole life insurance with a sum insured of $50,000 is issued to a 50-year-old. The benefit is payable immediately on death. Calculate the probability of the policyholder surviving for the next 10 years.

a) 0.2
b) 0.4
c) 0.6
d) 0.8

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