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can solve this question but using actuarial symbols,there is similar questions it might help you Q1: Martha is currently age 55 who purchases a deferred

can solve this question but using actuarial symbols,there is similar questions it might help you
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Q1: Martha is currently age 55 who purchases a deferred whole life annuity-due policy which will pay her the following benefits: - Guaranteed annual payments of 8000 for 10 years, starting when she reaches age 60 . - Annual payments of 30000 for the subsequent 10 years, if alive . - Annual payments of 85000 , if alive, thereafter. You are given : -Mortality follows the Standard Ultimate Survival Model. j=5% Calculate the actuarial present value of Martha's life annuity benefits. Question No. 8: Mr. Tu Kuhl is currently age 50 who purchases a deferred whole life annuity-due policy which will pay him the following benefits: - guaranteed annual payments of $50,000 for 5 years, with the first payment to start when he reaches age 65 ; and - annual payments of $75,000 thereafter, if alive. You are given: - Mortality follows the Illustrative Life Table. i=6% Calculate the actuarial present value of Mr. Kuhl's life annuity benefits. V(ennuity)=25,000(215E50a5111+320[50E70) =25,000(2(.3512062)(1(1.06)21(1.06)5)=$$26,531.10+3(123047)(8.5693)) Q1: Martha is currently age 55 who purchases a deferred whole life annuity-due policy which will pay her the following benefits: - Guaranteed annual payments of 8000 for 10 years, starting when she reaches age 60 . - Annual payments of 30000 for the subsequent 10 years, if alive . - Annual payments of 85000 , if alive, thereafter. You are given : -Mortality follows the Standard Ultimate Survival Model. j=5% Calculate the actuarial present value of Martha's life annuity benefits. Question No. 8: Mr. Tu Kuhl is currently age 50 who purchases a deferred whole life annuity-due policy which will pay him the following benefits: - guaranteed annual payments of $50,000 for 5 years, with the first payment to start when he reaches age 65 ; and - annual payments of $75,000 thereafter, if alive. You are given: - Mortality follows the Illustrative Life Table. i=6% Calculate the actuarial present value of Mr. Kuhl's life annuity benefits. V(ennuity)=25,000(215E50a5111+320[50E70) =25,000(2(.3512062)(1(1.06)21(1.06)5)=$$26,531.10+3(123047)(8.5693))

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