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Please answer the following: You are given the following select and ultimate mortality table: Agex Attained age 941 70 71 72 73 74 0.0175 0.0190
Please answer the following:
You are given the following select and ultimate mortality table: Agex Attained age 941 70 71 72 73 74 0.0175 0.0190 0.0210 0.0235 0.0265 0.0250 0.0275 0.0300 0.0335 0.0375 0.0315 0.0345 0.0375 0.0410 0.0450 0.0375 0.0425 0.0465 0.0515 0.0570 x+3 73 74 75 76 77 a) (3 marks) What is the probability an individual currently age 72 but who was accepted for insurance 2 years ago, will die between ages 76 and 782 (answer rounded to 5 decimal places) b) (3 marks) Let A be the probability that a select life age 73 survives 3 years. Let B be the probability that an ultimate life survives 3 years. Calculate 4 - Bl. c) (4 marks) Assuming i +5%, calculate 25,000Step by Step Solution
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