4.4. The death benefit of a 15 year endowment insurance of $4500 is payable at the moment...
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4.4. The death benefit of a 15 year endowment insurance of $4500 is payable at the moment of death. Based on a 6% annual rate of interest, find the present value and the standard deviation of the insurance at the age of 45.
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Related Book For
An Introduction To Actuarial Mathematics
ISBN: 978-9048159499
1st Edition
Authors: Arjun K. Gupta ,Tamas Varga
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