(c) For a special whole life insurance issued to (40), you are given: Benefit is payable at the moment at death. • b, = 2000.031 • Mortality follows de Moivre's law with w= 100 • Assume i 5% Calculate the actuarial present value of the death benefits of this policy.

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(c) For a special whole life insurance issued to (40), you are given:
Benefit is payable at the moment at death.
0.03t
b=200e0
Mortality follows de Moivre's law with = 100
Assume i = 5%
Calculate the actuarial present value of the death benefits of this policy.
Transcribed Image Text:(c) For a special whole life insurance issued to (40), you are given: Benefit is payable at the moment at death. 0.03t b=200e0 Mortality follows de Moivre's law with = 100 Assume i = 5% Calculate the actuarial present value of the death benefits of this policy.
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