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Calculate the variance for a 10,000 benefit, 30 -year endowment insurance providing the death benefit at the moment of death of an individual aged 35
Calculate the variance for a 10,000 benefit, 30 -year endowment insurance providing the death benefit at the moment of death of an individual aged 35 at issue of the policy. Use the Illustrative Life Table, the uniform distribution of deaths over each year of age assumption and i=0.06
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