Question 3, 5.1.29
2 correct
Part 1 of 3
Points: 0 of 1
Close does not survive the year, the policy pays out $\$ 80,000$ as a death benefit. Complete parts (a) through (c) below.
a. From the perspective of the 27-year-old male, what are the monetary values corresponding to the two events of surviving the year and not surviving?
The value corresponding to surviving the year is $\$ \square$.
The value corresponding to not surviving the year is $\$$
(Type integers or decimals. Do not round.)

Step 1 ：The question is asking for the monetary values corresponding to two events: surviving the year and not surviving the year, from the perspective of a 27-year-old male.

Step 2 ：The value corresponding to surviving the year would be the amount of money the 27-year-old male would have at the end of the year if he survives. This would be his income or savings for the year, which is not given in the question.

Step 3 ：The value corresponding to not surviving the year would be the death benefit paid out by the policy, which is given as $80,000.

Step 4 ：Final Answer: The value corresponding to not surviving the year is \(\boxed{80000}\). The value corresponding to surviving the year cannot be determined from the information given in the question.