Question: Given that (x) is equal to 0.02 (0 48). How would we be able to find omega () with the given information? Is it possible

Given that (x) is equal to 0.02 (048). How would we be able to find omega () with the given information? Is it possible to find omega?

Subject: Actuarial Mathematics

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Given that (x) is equal to 0.02 (048). How would we be

A special continuous whole life insurance is issued to (30). The death benefit is $100 if death occurs in the next 5 years, increases to 200 be- tween 5 and 10, and so on. You are given that u(x) = 0.02, 0 48 and 8 = 8% a) Define Z. b) Find E [Z] (you can use Excel). c) Find P [Z

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