insurance_simulation_test, a MATLAB code which calls insurance_simulation(), which simulates a highly simplified model of term life insurance, in which a customer agrees to pay an annual fee for a given number of years, so that if the customer dies within that term, the family receives a large payout.
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insurance_simulation, a MATLAB code which simulates a highly simplified model of term life insurance, in which a customer agrees to pay an annual fee for a given number of years, so that if the customer dies within that term, the family receives a large payout.