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1. (Based on question 6.45 from the SOA list.) For a fully continuous whole life insurance of 100,000 on (35), you are given: (i) The

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1. (Based on question 6.45 from the SOA list.) For a fully continuous whole life insurance of 100,000 on (35), you are given: (i) The annual rate of premium is 560. (ii) Mortality follows the Standard Ultimate Life Table. (iii) Deaths are uniformly distributed over each year of age. (iv) i = 0.05 Calculate the 80th percentile of the loss at issue random variable for this policy. (A) 2010 (B) 2030 (C) 2050 (D) 2070 (E) 2090 1. (Based on question 6.45 from the SOA list.) For a fully continuous whole life insurance of 100,000 on (35), you are given: (i) The annual rate of premium is 560. (ii) Mortality follows the Standard Ultimate Life Table. (iii) Deaths are uniformly distributed over each year of age. (iv) i = 0.05 Calculate the 80th percentile of the loss at issue random variable for this policy. (A) 2010 (B) 2030 (C) 2050 (D) 2070 (E) 2090

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