#2 Use the tables in Appendix D in the textbook with interest at 5% per year...
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#2 Use the tables in Appendix D in the textbook with interest at 5% per year effective, and use some relationship between expected present benefits for different payment frequencies to calculate the actuarial expected present value of the following $1 benefit payment: 1) annual case A60:51, 2) quarterly case A5 and 3) continuous case: A 60:51 (8points for 1) and 2), 2points for 3)). 60:51' #2 Use the tables in Appendix D in the textbook with interest at 5% per year effective, and use some relationship between expected present benefits for different payment frequencies to calculate the actuarial expected present value of the following $1 benefit payment: 1) annual case A60:51, 2) quarterly case A5 and 3) continuous case: A 60:51 (8points for 1) and 2), 2points for 3)). 60:51'
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