Question: Consider a uniform model T0 ~ U (0; 100), Calculate (a) tp40: 42: 18 (b) Determine the cost of the 5-year endowment insurance that pays

Consider a uniform model T0 ~ U (0; 100), Calculate (a) tp40: 42: 18 (b) Determine the cost of the 5-year endowment insurance that pays 500,000 if all three people die. (c) Calculate the cost of a 15-year joint annuity.

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