Question: actsc232 question any help please please (7) 1. You are given: k| 9x = 27 (3k + 1) , for k = 0, 1, 2,

actsc232 question any help please please

actsc232 question any help please please (7) 1. You are given: k|

(7) 1. You are given: k| 9x = 27 (3k + 1) , for k = 0, 1, 2, and 3 a. Suppose that a constant force of mortality holds between integer ages. Calculate 1.510.69x and interpret this probability. (3 marks) b. Calculate the expected present value of the benefits for a two-year term insurance issued to (x) with the given mortality model and i = 0.06 in the first year, and i = 0.04 in the second year. Benefits are $1,000 if death occurs in the first year, and $2,000 if death occurs in the second year, payable at the end of the year of death. (4 marks)

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