Question: This is an actuarial problem. Thanks. 2. A life office issues 25-year term life insurance policies to 500 lives all aged 30 exact. The benefit
This is an actuarial problem. Thanks.

2. A life office issues 25-year term life insurance policies to 500 lives all aged 30 exact. The benefit of $100,000 is payable at the end of the year of death of any of the lives into a special fund. Express the expected share of the fund for each survivor after 25 years in terms of actuarial notations. 2. A life office issues 25-year term life insurance policies to 500 lives all aged 30 exact. The benefit of $100,000 is payable at the end of the year of death of any of the lives into a special fund. Express the expected share of the fund for each survivor after 25 years in terms of actuarial notations
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