6. For a special three year term insurance on (90), you are given the follow- ing. k P90+k 0.904 736 8421 (i.) 1 0.893 542 7574 2 0.879 557 2917 (ii.) The following benefits are payable at the end of...

6. For a special three year term insurance on (90), you are given the follow-<br>ing.<br>k<br>P90+k<br>0.904 736 8421<br>(i.)<br>1<br>0.893 542 7574<br>2<br>0.879 557 2917<br>(ii.) The following benefits are payable at the end of year of death.<br>k<br>1<br>4000<br>2<br>5000<br>3<br>6800<br>(ii.) і — 0.05<br>Calculate the mean and variance of the present value of the benefit payment.<br>

Extracted text: 6. For a special three year term insurance on (90), you are given the follow- ing. k P90+k 0.904 736 8421 (i.) 1 0.893 542 7574 2 0.879 557 2917 (ii.) The following benefits are payable at the end of year of death. k 1 4000 2 5000 3 6800 (ii.) і — 0.05 Calculate the mean and variance of the present value of the benefit payment.

Jun 11, 2022

SOLUTION.PDF

6. For a special three year term insurance on (90), you are given the follow- ing. k P90+k 0.904 736 8421 (i.) 1 0.893 542 7574 2 0.879 557 2917 (ii.) The following benefits are payable at the end of...

Get Answer To This Question

Related Questions & Answers

Submit New Assignment