Calculate the expected present value and variance of the present value of an endowment assurance of 1

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Calculate the expected present value and variance of the present value of an endowment assurance of 1 payable at the end of the year of death for a life aged 40 exact, with a term of 15 years.

Basis:

MortalityAM92 Select

Rate of interest4% per annum

Expenses Nil

Related Book For answer-question

Statistics For Business Decision Making And Analysis

ISBN: 9780134497167

3rd Edition

Authors: Robert A. Stine, Dean Foster

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Posted Date: Apr 09, 2024 11:25 AM

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Calculate the expected present value and variance of the present value of an endowment assurance of 1

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Statistics For Business Decision Making And Analysis

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