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(Include calculations for any missing table values used) You are given i = 5% and the following values: 5Ex 10EX 20EX 10 Ex:10 45 0.35994
(Include calculations for any missing table values used)
You are given i = 5% and the following values: 5Ex 10EX 20EX 10 Ex:10 45 0.35994 50 0.60182 0.34824 55 0.77382 0.59342 0.32819 600.00340 0.76687 0.57864 0.29508 61 0.00379 62 0.00423 17.8162 17.0245 16.0599 14.9041 8.0751 8.0550 8.0192 7.9555 b) (2 marks) A person aged 50 purchases a 20-year temporary life annuity paying $10,000 at the beginning of each year. What is the NSP of this annuity? You are given i = 5% and the following values: 5Ex 10EX 20EX 10 Ex:10 45 0.35994 50 0.60182 0.34824 55 0.77382 0.59342 0.32819 600.00340 0.76687 0.57864 0.29508 61 0.00379 62 0.00423 17.8162 17.0245 16.0599 14.9041 8.0751 8.0550 8.0192 7.9555 b) (2 marks) A person aged 50 purchases a 20-year temporary life annuity paying $10,000 at the beginning of each year. What is the NSP of this annuityStep by Step Solution
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