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

1. You are given:

a. The continuous interest rate is 6%

b. Mortality follows u(x+t) = |0.01 40 < t > 45

|0.02 t > 45

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

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: May 22, 2023 05:51 AM

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The problem is for test practice which will not be graded only need the answer: 1. You

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To calculate the value of a continuous whole life annuity we need to use the formula Ax 0 ert uxt dt ... View the full answer

Income Tax Fundamentals 2013

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