2. For a fully continuous 10-year Heferred life annuity of 1 per year on (x), you are given: i) Premiums are payable only in the first 10 years. ii) Premiums are calculated using the cquivalence principle. iii) µ = 0.01. %3D iv) 8 = 0.06. %3D

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.2: Arithmetic Sequences
Problem 68E
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2. For a fully continuous 10-year Heferred life annuity of 1 per year on (x), you
are given:
i) Premiums are payable only in the first 10 years.
ii) Premiums are calculated using the equivalence principle.
iii) µ = 0.01.
iv) 8 = 0.06.
Calculate the reserve at the end of the fifth year.
this is actuarial math
Transcribed Image Text:2. For a fully continuous 10-year Heferred life annuity of 1 per year on (x), you are given: i) Premiums are payable only in the first 10 years. ii) Premiums are calculated using the equivalence principle. iii) µ = 0.01. iv) 8 = 0.06. Calculate the reserve at the end of the fifth year. this is actuarial math
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