Solve the problem.An insurance company says that at age 50 one must choose to take 
at age 60, $30,000 at 70, or 
at 80 ($0 death benefit). The probability of living from 50 to 60 is 0.85, from 50 to 70, 
, and from 50 to 80, 0.46. Find the expected value at each age.
A. 60 - $8500
70 - $13,800
80 - $23,000
B. 60 - $8500
70 - $18,300
80 - $23,000
C. 60 - $6100
70 - $18,300
80 - $23,000
D. 60 - $8500
70 - $25,500
80 - $42,500
Answer: B
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