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Consider the following life table excerpt where the effective annual rate of interest is 5%. X ex AX 60 966 0.289 61 963 0.301 62
Consider the following life table excerpt where the effective annual rate of interest is 5%. X ex AX 60 966 0.289 61 963 0.301 62 959 0.314 63 955 0.327 64 950 0.340 65 945 0.354 Suppose a 3 year term life annuity with payments of 2000 at the beginning of each year is issued to a life aged 61. What is the expected present value of this annuity? Select one: 5535 5635 0 5735 Consider the following life table excerpt where the effective annual rate of interest is 5%. X ex AX 60 966 0.289 61 963 0.301 62 959 0.314 63 955 0.327 64 950 0.340 65 945 0.354 Suppose a 3 year term life annuity with payments of 2000 at the beginning of each year is issued to a life aged 61. What is the expected present value of this annuity? Select one: 5535 5635 0 5735
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