Consider the following life table excerpt where the effective annual rate of interest is 5%. X lz AT 60 966 0.289 61 963 0.301 62 959 0.314 63 955 0.327 64 950 0.340 65 945 0.354 1. Calculate the expected present value of an 5 year endowment insurance policy, issued to a life age 60, with insured amount $50000, with death benefit payable at the end of the year of death. 40136 = * 2. Use the uniform distribution of deaths assumption to calculate the expected present value of an 5 year endowment insurance policy, issued to a life age 60, with insured amount $50000, with death benefit payable immediately on death. 40123 X 3. Suppose that a deferred whole life insurance policy with death benefit of $10000, payable at the end of the quarter of death, is issued to a life a 60, with a 3 year deferral period. Use the claims acceleration approach to approximate the expected present value. 2947 X Consider the following life table excerpt where the effective annual rate of interest is 5%. X lz AT 60 966 0.289 61 963 0.301 62 959 0.314 63 955 0.327 64 950 0.340 65 945 0.354 1. Calculate the expected present value of an 5 year endowment insurance policy, issued to a life age 60, with insured amount $50000, with death benefit payable at the end of the year of death. 40136 = * 2. Use the uniform distribution of deaths assumption to calculate the expected present value of an 5 year endowment insurance policy, issued to a life age 60, with insured amount $50000, with death benefit payable immediately on death. 40123 X 3. Suppose that a deferred whole life insurance policy with death benefit of $10000, payable at the end of the quarter of death, is issued to a life a 60, with a 3 year deferral period. Use the claims acceleration approach to approximate the expected present value. 2947 X