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revprev | Admin | Jan 19'24 at 20:10 | +23 | ||
revcur | Admin | (Created page with "For whole life annuities-due of 15 per month on each of 200 lives age 62 with independent future lifetimes, you are given: (i) <math>\quad i=0.06</math> (ii) <math>\quad A_{62}^{(12)}=0.4075</math> and <math>{ }^{2} A_{62}^{(12)}=0.2105</math> (iii) <math>\quad \pi</math> is the single premium to be paid by each of the 200 lives (iv) <math>S</math> is the present value random variable at time 0 of total payments made to the 200 lives Using the normal approximation,...") | Jan 19'24 at 0:27 | +654 |