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75 5. You are given the following select and ultimate table. 90 92 +1 92] +2 92+3 x+3 71 0.10 0.16 0.22 0.28 74 72

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75 5. You are given the following select and ultimate table. 90 92 +1 92] +2 92+3 x+3 71 0.10 0.16 0.22 0.28 74 72 0.15 0.21 0.27 0.33 73 0.20 0.26 0.32 0.38 76 74 0.25 0.31 0.37 0.43 77 75 0.30 0.36 0.42 0.48 78 76 0.35 0.41 0.47 0.53 77 0.40 0.46 0.52 0.58 80 If A78 = 0.94, and the force of interest is d 3%, find the APV of a $200,000 discrete whole life insurance policy payout on a 74-year-old who was approved for insurance last year. (paid at the end of the year of death) 79 75 5. You are given the following select and ultimate table. 90 92 +1 92] +2 92+3 x+3 71 0.10 0.16 0.22 0.28 74 72 0.15 0.21 0.27 0.33 73 0.20 0.26 0.32 0.38 76 74 0.25 0.31 0.37 0.43 77 75 0.30 0.36 0.42 0.48 78 76 0.35 0.41 0.47 0.53 77 0.40 0.46 0.52 0.58 80 If A78 = 0.94, and the force of interest is d 3%, find the APV of a $200,000 discrete whole life insurance policy payout on a 74-year-old who was approved for insurance last year. (paid at the end of the year of death) 79

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