Question $3(1$ point$)$

For a two$-$year term insurance of $10,000$ on $(x)$ payable at the end of the year of

death, you are given:

$q_x=0\mathrm{.}04$

$q_{x+1}=0\mathrm{.}06$

$i=0\mathrm{.}04$

Calculate the standard deviation of the insurance.

Hint: Remember that $E(Z^2)$ is calculated the same as $E(Z),$ except you replace $v$ with

$v^2$ and $B$ with $B^2.$

$2,628$

$2,701$

$2,789$

$2,846$