Question: Please answer the following using ACTUARIAL NOTATION . Thanks! I DO NOT WANT SOLUTIONS! I would like to understand how to do the problem. Thank

Please answer the following using ACTUARIAL NOTATION. Thanks! I DO NOT WANT SOLUTIONS! I would like to understand how to do the problem. Thank you so much! Please write all the steps in solving the problem! Thank you

Please answer the following using ACTUARIAL NOTATION. Thanks! I DO NOT WANT

L is the loss-at-issne random variable for a fully discrete 11-year endowment insurance of l on (2:) with premium PHI. You are given: (i) 214m = 0.1774 , (ii) 13%" = 0.5850 . Calculate Var[L]

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