Question: For a 10-year term insurance of 1000 on (40), you are given: i. The death benefit is payable at the end of the year

For a 10-year term insurance of 1000 on (40), you are given: i. The death benefit is payable at the end of the year of death. ii_ Mortality follows the Standard Ultimate Life Table. iii_ i = 0.05 Calculate Var (Z), where Z is the present value of the insurance benefit 4300 4900 5500 6100 6800

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