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I've got a question on life-insurance maths. Thanks so much! On 1/1/2020, you and X are 20 years old and are of the same sex.
I've got a question on life-insurance maths.
Thanks so much!
On 1/1/2020, you and X are 20 years old and are of the same sex. Over the next year, because of ailments from an automobile accident, X obtained a prescription from his family doctor to use medical cannabis for a year. On 1/1/2021, there are 3 possibilities: A: The doctor refuses to renew the prescription and X stops using the cannabis B: The doctor agrees to renew the prescription for another year only C: His friend Joe said to him, "No problem, I will provide you with some forever." As an actuary, you have read the effects of cannabis on health and you believe that medical cannabis results in: MC = 1.05 you (MC: with use of medical cannabis) Because of its provenance, you have doubts about the quality of Joe's cannabis. According to you, it would result in: w = 1.1 ukou + 0.02 (JC : with use of Joe's cannabis) You decide to use Canadian Life Table 2007-09 and an interest rate = 0.05 You want to compare eo with ex. and 100000 Ayou with 4%, depending on situation A, B or C. 100000 AX Create a table with all results computed. On 1/1/2020, you and X are 20 years old and are of the same sex. Over the next year, because of ailments from an automobile accident, X obtained a prescription from his family doctor to use medical cannabis for a year. On 1/1/2021, there are 3 possibilities: A: The doctor refuses to renew the prescription and X stops using the cannabis B: The doctor agrees to renew the prescription for another year only C: His friend Joe said to him, "No problem, I will provide you with some forever." As an actuary, you have read the effects of cannabis on health and you believe that medical cannabis results in: MC = 1.05 you (MC: with use of medical cannabis) Because of its provenance, you have doubts about the quality of Joe's cannabis. According to you, it would result in: w = 1.1 ukou + 0.02 (JC : with use of Joe's cannabis) You decide to use Canadian Life Table 2007-09 and an interest rate = 0.05 You want to compare eo with ex. and 100000 Ayou with 4%, depending on situation A, B or C. 100000 AX Create a table with all results computedStep by Step Solution
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