Help in solving the following questions.

A continuous cashflow is to be paid at a rate p() =10+2, OS/ $10. The force of interest applicable during the period is: 6(1) = 0.05 +0.01, OS/$10 Find the accumulated value of the cashflow at the end of the ten-year period. [6](i) Express in the form of symbols, and also explain in words, the expressions "death strain at risk", "expected death strain" and "actual death strain". [3] (ii) On 1 January 2001 an office issued a number of annual premium policies to a group of lives, each of whom was then aged exactly 45. All policies were for a term of 20 years and were of the following types: endowment assurances under which the sum assured was payable on survival to the end of the term or at the end of the year of earlier death temporary assurances under which the sum assured was payable only at the end of the year of death within the policy term pure endowments under which the only benefit payable is the sum assured on survival to the end of the policy term Assuming that there is no source of decrement other than death, calculate the profit or loss from mortality for the calendar year 2010 in respect of the policies issued to this group of lives, given the following information: Type of policy Sums assured in force Sums assured on I January 2010 by death during 2010 discontinued Endowment assurance $600,000 $4,000 Temporary assurance (200,000 $2,000 Pure endowment 180,000 $500 Reserving basis: AM92 Ultimate mortality, 4% pa interest. Ignore expenses. [12] [Total 15](a) Briefly discuss the theoretical relationship between money supply and Inflation. (6 marks) (b) Discuss the main limitations of applying credit control instruments in a developing economy. (6 marks) (c) What role do non-bank financial institutions play in economic growth and development? (8 marks) (Total: 20 marks)