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5. [7 marks] You are given the following life table information: X 35 1000qx 5 36 6 37 8 38 10 Please assume i

5. [7 marks] You are given the following life table information: X 35 1000qx 5 36 6 37 8 38 10 Please assume i = 5% for the following calculations. Let Y represent the present value random variable for a 4-year term (temporary) annuity due a. Calculate E(Y). [3 marks] b. Calculate Var(Y). [4 marks]

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