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1.You are given: a.The continuous interest rate is 6% b.Mortality follows u(x+t) =|0.01 40 < t > 45 |0.02 t > 45 Calculate the value
1.You are given:
a.The continuous interest rate is 6%
b.Mortality follows u(x+t) =|0.01 40 < t > 45
|0.02 t > 45
Calculate the value of a continuous whole life annuity for an individual aged 40.
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Microsoft Excel For Accounting The First Course
Authors: L Murphy Smith, Katherine Smith
1st Edition
0130085529, 978-0130085528
