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For a whole life annuity on (70), you are given: The annuity pays 100 per year continuously. Deaths are uniformly distributed over each year of
For a whole life annuity on (70), you are given: The annuity pays 100 per year continuously. Deaths are uniformly distributed over each year of age. Mortality follows the Standard Ultimate Life Table. i=0.05 Calculate the expected present value of the annuity payments. Possible Answers Less than 1160 At least 1160 but less than 1170 At least 1170 but less than 1180 At least 1180 but less than 1190 At least 1190 For a whole life annuity on (70), you are given: The annuity pays 100 per year continuously. Deaths are uniformly distributed over each year of age. Mortality follows the Standard Ultimate Life Table. i=0.05 Calculate the expected present value of the annuity payments. Possible Answers Less than 1160 At least 1160 but less than 1170 At least 1170 but less than 1180 At least 1180 but less than 1190 At least 1190
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