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A special 4 - year endowment insurance is issued on ( 7 0 ) . The death benefit schedule is as follows: table [

A special 4-year endowment insurance is issued on (70). The death benefit schedule is as follows:
\table[[year,benefit],[1,50],[2,60],[3,70],[4+,80]]
You are given:
(i) Benefits are paid at the end of year.
(ii) Mortality follows de Moivre's law with =120.
(iii)i=0.
Calculate the variance of this insurance.
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