Life Contingencies

2. Consider a fully-continuous 25-year term life insurance issued to a life aged 50. a. Express the actuarial present value using of the product using actuarial notation. b. Assuming constant force of mortality and constant force of interest, provide an expression for the APV of the product using u and 6. C. Assuming uniform distribution of deaths, provide a simplified expression of the product. 2. Consider a fully-continuous 25-year term life insurance issued to a life aged 50. a. Express the actuarial present value using of the product using actuarial notation. b. Assuming constant force of mortality and constant force of interest, provide an expression for the APV of the product using u and 6. C. Assuming uniform distribution of deaths, provide a simplified expression of the product