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PLEASE ANSWER CLEARLY. For a term life annuity-due of 15 per year on an individual aged thirty, you are given the following information: (i) Mortality

image text in transcribed PLEASE ANSWER CLEARLY.

For a term life annuity-due of 15 per year on an individual aged thirty, you are given the following information: (i) Mortality follows the illustrative Life Table (ii) Interest rate is 5% At most 40 payments are made but the first 20 payments are certain. (iii) Determine the expected present value of the annuity

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