A 40-year-old man in the U.S. has a 0.243% risk of dying during the next year. An insurance company charges $290 per year for a life-insurance policy that pays a $100,000 death benefit. What is the...

A 40-year-old man in the U.S. has a 0.243% risk of dying during the next year. An insurance company charges $290 per year for a life-insurance policy that pays a $100,000 death benefit. What is the expected value for the person buying the insurance? Round your answer to the nearest cent. Be careful with negative signs.

Expected value: $________ for the year