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Today is January 1 2020, Jackson will use a single premium to purchase an annuity today. This annuity pays 10,000 at the end of each

Today is January 1 2020, Jackson will use a single premium to purchase an annuity today. This annuity pays 10,000 at the end of each year while Jackson is alive. The estimated probability of Jackson surviving for the next 4 years is stated in following table. The yield rate is assumed to be ji = 2.48% p.a. Calculate premium value. Round your answers to three decimal places. Year Probability of surviving from start of year to end of year 1 0.86 2 0.62 3 0.32 4 0 Select one: a. 18000.000 O b. 17268.692 C. 15054.278 O d. 17139.347 Today is January 1 2020, Jackson will use a single premium to purchase an annuity today. This annuity pays 10,000 at the end of each year while Jackson is alive. The estimated probability of Jackson surviving for the next 4 years is stated in following table. The yield rate is assumed to be ji = 2.48% p.a. Calculate premium value. Round your answers to three decimal places. Year Probability of surviving from start of year to end of year 1 0.86 2 0.62 3 0.32 4 0 Select one: a. 18000.000 O b. 17268.692 C. 15054.278 O d. 17139.347

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