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Question A life aged 50 purchases a ten-year temporary life annuity of 1 payable at the beginning of each year if he is alive. You

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Question A life aged 50 purchases a ten-year temporary life annuity of 1 payable at the beginning of each year if he is alive. You are given that i = 0.06 and A 50:10 = 0.5713 Calculate the actuarial present value of this annuity Possible Answers 6.5 but 8.5

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