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A population has a constant force of mortality. You are given that A75 = 0:87 and A76 = 0:88. You are also given that a

A population has a constant force of mortality. You are given that A75 = 0:87 and

A76 = 0:88. You are also given that a one year term life insurance policy of $100,000 on

a 75 year old has an APV of $31,000. What is the continuously compounding force of

interest?

image text in transcribed
4. A population has a constant force of mortality. You are given that A75 = 0.87 and A75 2 0.88. You are also given that a one year term life insurance policy of $100,000 on a 75 year old has an APV of $31,000. What is the continuously compounding force of interest

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