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Carly is currently age x. She buys a life annuity with a deposit of amount P. The annuity will give her $ 200 per year

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Carly is currently age x. She buys a life annuity with a deposit of amount P. The annuity will give her $ 200 per year continuously Assuming a constant force of mortality (u=0.06) and a constant force of interest (8=0.07), determine P such that the probability is 0.95 that will be sufficient to fund this life annuity

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