# Probability Math Question

*label*Mathematics

*timer*Asked: Mar 29th, 2015

**Question description**

An insurance company says that at age 50 one must choose to take $10,000 at age 60, $30,000 at 70, or $50,000 at 80 ($0 death benefit). The probability of living from 50 to 60 is 0.84, from 50 to 70, 0.64, and from 50 to 80, 0.44. Find the expected value at each age.