Probability

[youngkahuna]

If a 40-year-old boy buys a $4500 life insurance policy at a cost of 0.982 of living to age 41, find the expectation of the policy until the person reaches 41 please

 

[tkhunny]

" a cost of 0.982 of living to age 41 "

This makes no sense. Please supply the ENTIRE problem statement and demonstrate your efforts.

 

[firemath]

Seriously? 40-year-boy? I know some of those.