Let L denote the present value of future loss random variable under a $1 fully continuous whole

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Let L denote the present value of future loss random variable under a $1 fully continuous whole life contract issued to (40), with continuous annual premium rate determined by the equivalence principle. The applicable survival model is uniform with limiting age of 100.Given thatδ= 0.02 and2 ̄A40= 0.379, find the value of Var(L).

(iv)i= 0.05

Calculate

ax:20.

Posted Date: Sep 13, 2021 01:58 AM

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Let L denote the present value of future loss random variable under a $1 fully continuous whole

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find the value of Var L ANS WER Var L 0 379 2 0 02 WORK ING Var L 0 379 2 2 0 02 0 379 2 0 04 0 ... View the full answer

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