5.40. A 15 year family income benefit is payable continuously at a rate of $8000 per annum....

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5.40. A 15 year family income benefit is payable continuously at a rate of $8000 per annum. Find the present value of the insurance at the age of 45 based on a 6% annual interest rate.

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An Introduction To Actuarial Mathematics

ISBN: 978-9048159499

1st Edition

Authors: Arjun K. Gupta ,Tamas Varga

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Question Posted: Nov 01, 2024 07:01 AM

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5.40. A 15 year family income benefit is payable continuously at a rate of $8000 per annum. Find the present value of the insurance at the age of 45 based on a 6% annual interest rate.
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5.40. A 15 year family income benefit is payable continuously at a rate of $8000 per annum....

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An Introduction To Actuarial Mathematics

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