Question: Question 2 [10 marks] The following information is given about a fully discrete whole life insurance of 100,000 issued to (50) with level benefit premiums

Question 2 [10 marks] The following information is given about a

Question 2 [10 marks] The following information is given about a fully discrete whole life insurance of 100,000 issued to (50) with level benefit premiums for life: (i) Mortality follows DeMoivre's Law with upper age limit w. (ii) 10V = 5, 679.60. (iii) 11V = 6,361.45. (iv) 12V = 7,067.98. (v) i = 0.082. Calculate w. Question 2 [10 marks] The following information is given about a fully discrete whole life insurance of 100,000 issued to (50) with level benefit premiums for life: (i) Mortality follows DeMoivre's Law with upper age limit w. (ii) 10V = 5, 679.60. (iii) 11V = 6,361.45. (iv) 12V = 7,067.98. (v) i = 0.082. Calculate w

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