Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

! ! ! ! The excel sheet is attached and please provide dynamic arrays excel equations to complete columns c - g ! ! (

!!!! The excel sheet is attached and please provide dynamic arrays excel equations to complete columns c-g!!(equations that don't require being dragged down and automatically fill columns + explain which cell to type in + how it works)
In the Excel Workbook "AssignmentTemplate", the first sheet "Part-A" is a partial life
table (values come from the female ALT2015-17). Columns A ("Age x") and B ("Ix") are
already filled (and you should not modify those columns). Note that, contrary to usual
practice, the ages are in descending order (and you should keep it that way). Also, we
assume that everybody is dead by age 111(this is why the oldest age in the table is =
.
Your first task is to complete this life table, i.e., complete columns C to G. Note
you should do this by making reference to values found in sheet "Part-A" only. For
the calculation of ex in Column F(the expected future lifetime of someone aged
x), you may make the assumption that people die exactly between two birthdays.
For the calculation of ax in Column G(this is, following standard actuarial
notation, the EPV of payments of 1, made to someone age x, at the end of each
year, for as long they are alive) you should use the interest rate given in cell J1
(4%).
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Databases Illuminated

Authors: Catherine M. Ricardo, Susan D. Urban, Karen C. Davis

4th Edition

1284231585, 978-1284231588

More Books

Students also viewed these Databases questions

Question

Summarize the 3 primary conclusions of the central limit theorem.

Answered: 1 week ago

Question

2. Answer the question, Who should do the appraising?pg 87

Answered: 1 week ago

Question

1. Explain the purpose of performance appraisal.pg 87

Answered: 1 week ago