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For a special life annuity issued to (55), you are given: The benefit payments are $200 at the beginning of age 57 and $500 at

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For a special life annuity issued to (55), you are given: The benefit payments are $200 at the beginning of age 57 and $500 at the beginning of age 59. No other benefit payments are made. The following select-and-ultimate mortality table with a 3-year select period: a lulu+1 +2 13+3 x+3 55 882 877 871 864 58 56 875 870 863 856 59 57868 863 856 849 60 58 861 855 848 840 61 59 854 847 840 832 62 60 846 839 832 823 63 i=0.05 Calculate actuarial present value of this life annuity. For a special life annuity issued to (55), you are given: The benefit payments are $200 at the beginning of age 57 and $500 at the beginning of age 59. No other benefit payments are made. The following select-and-ultimate mortality table with a 3-year select period: a lulu+1 +2 13+3 x+3 55 882 877 871 864 58 56 875 870 863 856 59 57868 863 856 849 60 58 861 855 848 840 61 59 854 847 840 832 62 60 846 839 832 823 63 i=0.05 Calculate actuarial present value of this life annuity

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