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An survival model is given by the following force of mortality function: Suppose a whole life insurance policy with a benefit of $1 payable immediately

An survival model is given by the following force of mortality function:

image text in transcribed

Suppose a whole life insurance policy with a benefit of $1 payable immediately at the time of death of the insured life has a continuously compound interest rate image text in transcribed. What is the expected present value for the benefit if the policy is purchased at age image text in transcribed?

EPV = $ [ ] ?

0,008, 0 14 .138+1

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