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actuarial mathematics for life contingent risks You arc given: V is the present

ID: 3379363 • Letter: A

Question

actuarial mathematics for life contingent risks You arc given: V is the present value random variable for a continuous whole life insurance of 1 per year on (40). mux=1/120-z for xLT120 delta= 0.05.Compute Var(Y'). Calculate the 75th percentile of the distribution of Y. For a whole life insurance of $1 on (x) with benefits payable at the moment of death, you arc given: deltat, the force of interest at time t is delta1={0.02 tLT12 0.03 tGE 12 muz+t={0.04 tLT5 0.05 tGE5 Calculate the expected present value of this benefit.

Explanation / Answer

actuarial mathematics for life contingent risks You arc given: V is the present