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StatisticsQ&A LibraryI know how to do it but I don't know how to round it to the nearest cent and get 70.51 The probability a 25 year old male passes away within the year is .001430. He pays $275 for a one year $143000 life insurance policy. What is the expected value of the policy for the insurance company? Round your answer to the nearest cent.Start your trial now! First week only $4.99!*arrow_forward*

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I know how to do it but I don't know how to round it to the nearest cent and get 70.51

The probability a 25 year old male passes away within the year is .001430. He pays $275 for a one year $143000 life insurance policy. What is the expected value of the policy for the insurance company? Round your answer to the nearest cent.

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