Solve the problem.An insurance company says that at age 50 one must choose to take  at age 60, $30,000 at 70, or $50,000 at 80 ($0 death benefit). The probability of living from 50 to 60 is .84, from 50 to 70, , and from 50 to 80, 0.44. Find the expected value at each age.

A. 60 - $8400
70 - $13,200
80 - $22,000
B. 60 - $6500
70 - $19,500
80 - $22,000
C. 60 - $8400
70 - $25,200
80 - $42,000
D. 60 - $8400
70 - $19,500
80 - $22,000


Answer: D

Mathematics

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