Question: Z is the present value random variable for a 30-year term life insurance on (x) payable at the moment of death. You are given 0.01

Z is the present value random variable for a 30-year term

Z is the present value random variable for a 30-year term life insurance on (x) payable at the moment of death. You are given 0.01 + 0.25). O a. 0.20 BLT 0.25 O b. 0.30 BLT 0.35 O C. 0.35 BLT 0.40 O d. 0.25 BLT 0.30 O e. GT 0.40

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Please help me answer the following questions correctly. Questions. Questions on Market with Asymmetric Information: 11. Julia is a 28-year-old nonsmoking, non-drinking female of normal weight....

1. If 50 = 12.76 when = 0.06 , and 50 = 7.72 when = 0.1236 , what is the variance (nearest $1,000) of the present value random variable for a continuous life annuity of $100 per year issued to (50)...

answer question 4 and 5. QUESTION 4 If A50*0.19. A900.45, 10E50=0.6, 10E60*0.58,10E700.51 and 10E80*0.49. Find the APV of a 40-year term endowment insurance issued to someone aged 50 Round answer to...

2. A 50-year policyholder makes a 30-year special endowment insurance contract with the following conditions: For initial ten years, the death benefit amount is $10,000. For the next ten years, the...

3. For a special whole life insurance on (x), you are given: (i) Z is the present value random variable for this insurance. Death benefits are paid at the moment of death. Hx+t = 0.01, t20 (iv) 8 =...

3. A policyholder, whose current age is , just makes a 3-year deferred, 2-year term life insurance contract with the death benefit amount $30,000. The following conditions are given: Death benefit is...

A whole life insurance on (50) has a benefit of RM1 plus a refund of the net single premium without interest, payable at the moment of death. You are given: Z is the present value random variable for...

6. Z is the present value random variable of a whole life insurance of b payable at the moment of death of an individual age x. You are given: (i) 8 = 0.05 (ii) Hx+c = 0.03, t20 Calculate bif b x (u...

attach files question 3 you are given mortality follows the illustrative life table i=0.06 calculate 2A55:10 Actuarial Methods Fall 2013 Prof. Rabinowitz Assignment 5 1. [2004 Nov # 1] For a special...

A whole life insurance with sum insured $2000 is issued to (60). The benefit is payable at the end of the year of death. You are given that Mortality of a newborn life follows the De Moivre model 1 t...

Suppose that five years ago today, you bought a 6% ten-year treasury bond (face value= $100, annual coupon payments) at a yield of 3.5% per year. Since then, you have deposited the coupons in a bank...

A Lincoln Continental is twice as long as a VW Beetle, when they are at rest. As the Continental overtakes the VW, going through a speed trap, a (stationary) policeman observes that they both have...

Give me an example of common shares retirement and repurchase

June 30, 2013, Yarnell, AZ. Lightning ignited a wildfire at Yarnell Hill on June 28. Strong winds pushed the fire from 300 acres on June 30 to more than 2,000 acres. High temperatures and drought...

1. Diplomatic relations between the United States and the Soviet Union would be severed in 1993 than that

1. To provide knowledge about various influencing techniques in communication situations.

1. Information that is currently accessible (recognition).