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For a whole life annuity on (x), you are given: The annuity pays 100 per year continuously. H+k=0.06 for k > 0 8 =

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For a whole life annuity on (x), you are given: The annuity pays 100 per year continuously. H+k=0.06 for k > 0 8 = 0.03 Y is the present value of annuity payments. Calculate Pr (Y> 500). Possible Answers A 0.36 B 0.48 C 0.60 D 0.72 E 0.84

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