FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For a semi-continuous 10-year term insurance of 100,000 on (55), you are given: (1) Benefit premiums of P are payable monthly. (ii) Deaths are uniformly

image text in transcribed
For a semi-continuous 10-year term insurance of 100,000 on (55), you are given: (1) Benefit premiums of P are payable monthly. (ii) Deaths are uniformly distributed over each year of age. Find the expression of actuarial present value of the premiums for this insurance. Select one: O a. 12P(12) 55:10 O b. Pa12) 12 55:10 o c. P(12) 55:10 O d. 12Pa(12) 55:10 e. None of these answers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Evaluation Of Maternal Deaths Audit Activities In Mulanje District

Evaluation Of Maternal Deaths Audit Activities In Mulanje District

Authors: John Nepiyala

1st Edition

3330069562, 978-3330069565

More Books

Students also viewed these Accounting questions

Question

★★★★★
Match the descriptions on the left with the forms of business organization on the right: ___________ 1. Most numerous ___________ 2. Commands most revenues ___________ 3. Has two or more co-owners...

Answered: 1 week ago

Question

★★★★★
If the cylinder described in Problem 21.3 were initially heated to 500F, how long would it take for the center of the cylinder to cool to 240F if it were constructed of a. Copper? b. Brass? c. Nickel?

Answered: 1 week ago

Question

★★★★★
Suppose that in Example 7.5, it was not possible to carry out all the experiments in each replicate of the design under homogeneous conditions. To introduce confounding, let the factorial effects ABC...

Answered: 1 week ago

Question

★★★★★
The Nelson Corporation issues 6,000 shares of $100 par preferred stock at a price of $112 per share. A stock warrant is attached to each share of preferred stock that enables the holder to purchase...

Answered: 1 week ago

Question

★★★★★
For a semi-continuous 10-year term insurance of 100,000 on (55), you are given: (1) Benefit premiums of P are payable monthly. (ii) Deaths are uniformly distributed over each year of age. Find the...

Answered: 1 week ago

Question

★★★★★
Data concerning DALLAS Company's operations last year appear below. Units in beginning inventory Units produced Units sold Selling price per unit 70,000 60,000 $12.00 Variable costs per unit Direct...

Answered: 1 week ago

Question

★★★★★
How many isotopes does hydrogen atom have? Explain by giving definition of isotope

Answered: 1 week ago

Question

★★★★★
What is Aufbau's rule explain with example?

Answered: 1 week ago

Question

★★★★★
Write Hund's rule?

Answered: 1 week ago

Question

★★★★★
What is cognitive dissonance, and how does it affect decision-making and behavior? Provide examples of cognitive dissonance in everyday life and explain strategies for reducing dissonance.

Answered: 1 week ago

Question

★★★★★
Question : Which of the following statements correctly explains the behavior of Java's transient keyword? A ) Transient variables are serialized when an object is serialized. B ) Transient variables...

Answered: 1 week ago

Question

★★★★★
examine a variety of flexible working arrangements and assess their usefulness and impact for employers and employees

Answered: 1 week ago

Question

★★★★★
understand the basis of the contract of employment and know what should be in a contract of employment

Answered: 1 week ago

Question

★★★★★
describe the main employment rights as stated in the law

Answered: 1 week ago

Previous Question Next Question