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actuarial math (1) An survival model is given by the survival tunction So(I) = -40008 Suppose a whole life insurance policy with a benefit of

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(1) An survival model is given by the survival tunction So(I) = -40008 Suppose a whole life insurance policy with a benefit of 5173750 payable immediately at the time of death of the insured life has a continuously compound interest rate 8 = 0.064 (a) What is the present value for the benefit of the polley is purchased at age 48 EPV ES b) What is the standard deviation of the present Value of the Ironuance benut if the policy be purchased at age 48 Note: Round your answer to two decimal places (1) An survival model is given by the survival tunction So(I) = -40008 Suppose a whole life insurance policy with a benefit of 5173750 payable immediately at the time of death of the insured life has a continuously compound interest rate 8 = 0.064 (a) What is the present value for the benefit of the polley is purchased at age 48 EPV ES b) What is the standard deviation of the present Value of the Ironuance benut if the policy be purchased at age 48 Note: Round your answer to two decimal places

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