For a 20-year term life insurance issued to (30), $1,000,000 will be paid at the end of the death year. Let Z be the present value of this insurance benefit. The annual effective interest rate is 0.06. Using the SOA illustrative life table, calculate E[Z] Var(Z) If the death benefit is paid at the end of the death month, under the UDD fractional age assumption, calculate E[Z]. For a 20-year term life insurance issued to (30), $1,000,000 will be paid at the end of the death year. Let Z be the present value of this insurance benefit. The annual effective interest rate is 0.06. Using the SOA illustrative life table, calculate E[Z] Var(Z) If the death benefit is paid at the end of the death month, under the UDD fractional age assumption, calculate E[Z]