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Question For a 3-year term annuity-due of 100 per year on (70), you are given: Mortality follows the Standard Ultimate Life Table. i = 0.05

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Question For a 3-year term annuity-due of 100 per year on (70), you are given: Mortality follows the Standard Ultimate Life Table. i = 0.05 Y is the present value of annuity payments. Calculate Var (Y). Possible Answers A 450 B 650 850 D 1050 E 1250

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