Assuming an interest rate of 6%,calculating

a:

b: standard deviation of the present value of a 4-year term insurance deferred one year, issued to a select life age 40 with sum insured of $100,000, payable at the end of the year.

c:Probability that the benefit in question b. has a present value less than or equal to $85,000.

7. X x [x] +1 /[ x] +2 x]+3 x+4 x+2 40 100000 99899 99724 99520 99288 44 41 99802 99689 99502 99283 99033 45 42 99597 99471 99268 99030 98752 46 43 9365 99225 99007 98747 98435 47 44 987 98964 98726 98429 98067 48 Assuming an interest rate of 6% calculate: a. A(401+1:41 b. Standard deviation of the present value of a 4-year term insurance deferred one year, issued to a select life age 40 with sum insured of $100,000, payable at the end of the year. c. Probability that the benefit in question b. has a present value less than or equal to $85,000