Question: the problem is for test practice which will not be graded only need the answer for review 1.You are given: a.The continuous interest rate is

the problem is for test practice which will not be graded only need the answer for review

1.You are given:

a.The continuous interest rate is 6%

b.Mortality follows u(x+t) =|0.0140 < t > 45

|0.02t > 45

Calculate the value of a continuous whole life annuity for an individual aged 40.

(2 marks)

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