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 .82, from 50 to 70, , and from 50 to 80, 0.46. Find the expected value at each age.

A. 60 - $8200
70 - $24,600
80 - $41,000
B. 60 - $8200
70 - $13,800
80 - $23,000
C. 60 - $6100
70 - $18,300
80 - $23,000
D. 60 - $8200
70 - $18,300
80 - $23,000


Answer: D

Mathematics

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