An insurance company uses the mortality table below to calculate their risk when writing life insurance policies.
Age at Death (males)50
51
53
54
Mortality Rate0.0043
0.0049
0.0052
0.0055
If this company insures 12,000 54-year old men, how many are expected to die before they reach their 55th birthday?
What will be an ideal response?
66; 12000 ´ 0.055
Mathematics
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