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revAdmin (Created page with "'''Answer: D''' {| class="table table-bordered" |- |'''Half-year''' |'''PV of Benefit''' | style = "width:150px" rowspan="5" |PV > 277, 000 if and only if (x) dies in the 2nd or 3rd half years. |- | 2|| <math>300,000 v^{0.5}=(300,000)(1.09)^{-1}=275,229</math> |- | 3 || <math>330,000 v^{1}=(330,000)(1.09)^{-2}=277,754</math> |- | 4 || <math>390,000 v^{2}=(390,000)(1.09)^{-4}=276,286</math> |} Under CF assumption, <math>{ }_{0.5} p_{x}={ }_{0.5} p_{x+0.5}=(0.84)^{0.5...")Jan 18'24 at 18:46+866