Question: Question 2 For a 10-year term annuity on (x), you are given: i. The annuity pays 100 per year continuously. ii. A = 0.6703 and

Question 2 For a 10-year term annuity on (x), you are

Question 2 For a 10-year term annuity on (x), you are given: i. The annuity pays 100 per year continuously. ii. A = 0.6703 and A 2:10 = 0.4619 x:10 iii. 8 = 0.05 iv. Y is the present value of annuity payments. Calculate Var (Y). Possible Answers Less than 20000 B At least 20000 but less than 30000 C At least 30000 but less than 40000 D At least 40000 but less than 50000 E At least 50000

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