4.2. The death benefit of a 20 year endowment insurance of $3000 is payable at the end...
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4.2. The death benefit of a 20 year endowment insurance of $3000 is payable at the end of the year of death. Based on a 6% annual rate of interest, obtain the present value and the standard deviation of the insurance at the age of 30.
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An Introduction To Actuarial Mathematics
ISBN: 978-9048159499
1st Edition
Authors: Arjun K. Gupta ,Tamas Varga
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