Question: Below is an excerpt from a life table. A 3-year, decreasing term annuity-due with annual payments, it is issued to a life age 72. The

Below is an excerpt from a life table. A 3-year,

Below is an excerpt from a life table. A 3-year, decreasing term annuity-due with annual payments, it is issued to a life age 72. The payments are $70, $40, and $30, in that order. Let Y be the present value of this annuity. Write an expression for E[Y2), assuming = 0.05. You do not need to simplify your answer for full credit, but your final answer should not include any letters in it. 70 71 72 73 74 75 76 77 100 97 92 84 71 56 38 16 3 5 8 13 15 18 22 Below is an excerpt from a life table. A 3-year, decreasing term annuity-due with annual payments, it is issued to a life age 72. The payments are $70, $40, and $30, in that order. Let Y be the present value of this annuity. Write an expression for E[Y2), assuming = 0.05. You do not need to simplify your answer for full credit, but your final answer should not include any letters in it. 70 71 72 73 74 75 76 77 100 97 92 84 71 56 38 16 3 5 8 13 15 18 22

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