Question: I give a quick thumbs up for a quick and correct answer! Y is the present value of an annuity that pays continuously at the
Y is the present value of an annuity that pays continuously at the rate of $50 per year for 20 years while the annuitant is alive. Z is the present value of a 20 year endowment policy of $200, and the death benefit is payable at the moment of death. You are given: Var(Z) = 100 8 = 0.06 Calculate Var(W) Y is the present value of an annuity that pays continuously at the rate of $50 per year for 20 years while the annuitant is alive. Z is the present value of a 20 year endowment policy of $200, and the death benefit is payable at the moment of death. You are given: Var(Z) = 100 8 = 0.06 Calculate Var(W)
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