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| rev | Admin | (Created page with "For a fully discrete 5-payment whole life insurance of 1000 on (80), you are given: (i) The gross premium is 130 (ii) <math>\quad q_{80+k}=0.01(k+1), \quad k=0,1,2, . ., 5</math> (iii) <math>\quad v=0.95</math> (iv) <math>\quad 1000 A_{86}=683</math> (v) <math>{ }_{3} L</math> is the prospective loss random variable at time 3, based on the gross premium Calculate <math>E\left[{ }_{3} L\right]</math>. <ul class="mw-excansopts"><li> 330</li><li> 350</li><li> 360</li...") | Jan 20'24 at 1:31 | +530 |