FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Actuarial question For a new type of totally discreet 3-year temporary insurance for an elderly person (x) : - Kx is the truncated future tense

image text in transcribed

Actuarial question

For a new type of totally discreet 3-year temporary insurance for an elderly person (x) : - Kx is the truncated future tense of life - Premiums are determined using the equivalence principle - i=0.06 Calculate Var(1LKx1)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

11.3. Show how behavioral and cognitive interventions are used to treat pediatric anxiety and OCD.

Answered: 1 week ago

Question

★★★★★
You are planning for a very early retirement. You would like to retire at age 40 and have enough money saved to be able to withdraw $ 235,000 per year for the next 40 years (based on family history,...

Answered: 1 week ago

Question

★★★★★
Christian Yelich owns a $1,000,10%, 10-year bond. Which of the following is accurate? Multiple Choice Christian will recelve $10 per year until maturity. Christian will receive $1,000 at maturity....

Answered: 1 week ago

Question

★★★★★
Julie Anderson is a single parent and lives with her dependent daughter Alice who is 17-years old. Julie is a project manager and her W-2 wage is $75,200. Julie's father passed away on April 14. She...

Answered: 1 week ago

Question

★★★★★
Question This Assessment requires students to find an Employment Law Case, and then to provide a report on the case submitted. Please note that I have allowed for freedom of choice i.e., students may...

Answered: 1 week ago

Question

★★★★★
You are replacing the rear lower control arm on a Mitsubishi Pajero and require the torque specifications for the mounting bolts and what condition the vehicle should be in when tightening the bolts....

Answered: 1 week ago

Question

★★★★★
National Motors Corporation is planning to issue bonds with a face value of $256,500 and a coupon rate of 5 percent. The bonds mature in 7 years and pay interest semiannually every June 30 and...

Answered: 1 week ago

Question

★★★★★
=) =) How much will ABC Holdings receives from its exports if it hedges with a forward contract. How much will ABC Corporation pay in domestic currency for its imports if it hedges with a orward...

Answered: 1 week ago

Question

★★★★★
A farmer went to a market and purchased a wolf, a goat, and a cabbage. On his way home, the farmer came to the bank of a river and rented a boat. But crossing the river by boat, the farmer could...

Answered: 1 week ago

Previous Question Next Question