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You are given the following information for a block of fully discrete whole life insurance policies on individuals age x : (i) (ii) d=0.05 (iii)

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You are given the following information for a block of fully discrete whole life insurance policies on individuals age x : (i) (ii) d=0.05 (iii) 0L is the future loss at issue for the entire block of business. Using the normal approximation, calculate the 90th percentile of 0L. (A) 10,743 (B) 8,924 (C) 7,215 (D) 6,354 (E) 4,124

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