please show working using the formulas. You are given the following excerpt from a life table, including mortality rates and expected value of a 1unit whole life insurance payable at end of year of death for (x) using an interest rate of 5%:A600.0092369,614.460.35462360610.0097989,525.660.36650361620.0104179,432.330.37874262630.0111049,334.070.39133863649,230.429,120.85640.0118710.404290650.0127310.41759165660.0136989,004.730.43123066670.0147858,881.390.44519167680.0160088,750.070.45945968690,0173798,610.000.47401269700.0189158,460.370.48882970You are also given that during the 2 year select period the mortality rates are a fraction of the normalmortality according to the following table:0.90q0.95g+1Using survival probabilities from the select life model described above, find the value of a 5,000 5-yeardeferred life policy payable at the end of year of death for a policy holder [60] (select age 60).Find: 5,000 5|A[60]:

You are given the following excerpt from a life table, including mortality rates and expected value of a 1 unit whole life insurance payable at end of year of death for (x) using an interest rate of 5%: A 9,614.46 9,525.66 60 0.009236 0.354623 60 61 0.009798 0.366503 61 62 9,432.33 9,334.07 62 0.010417 0.378742 63 0.011104 0.391338 63 64 0.011871 9,230.42 0.404290 64 65 0.012731 9,120.85 0.417591 65 66 0.013698 9,004.73 0.431230 66 67 0.014785 8,881.39 0.445191 67 8,750.07 8,610.00 68 0.016008 0.459459 68 69 0.017379 0.474012 69 70 0.018915 8,460.37 0.488829 70 You are also given that during the 2 year select period the mortality rates are a fraction of the normal mortality according to the following table: 0.90q 0.95g+1 Using survival probabilities from the select life model described above, find the value of a 5,000 5-year deferred life policy payable at the end of year of death for a policy holder [60] (select age 60). Find: 5,000 5A(60):

You are given the following excerpt from a life table, including mortality rates and expected value of a 1 unit whole life insurance payable at end of year of death for (x) using an interest rate of 5%: A 9,614.46 9,525.66 60 0.009236 0.354623 60 61 0.009798 0.366503 61 62 9,432.33 9,334.07 62 0.010417 0.378742 63 0.011104 0.391338 63 64 0.011871 9,230.42 0.404290 64 65 0.012731 9,120.85 0.417591 65 66 0.013698 9,004.73 0.431230 66 67 0.014785 8,881.39 0.445191 67 8,750.07 8,610.00 68 0.016008 0.459459 68 69 0.017379 0.474012 69 70 0.018915 8,460.37 0.488829 70 You are also given that during the 2 year select period the mortality rates are a fraction of the normal mortality according to the following table: 0.90q 0.95g+1 Using survival probabilities from the select life model described above, find the value of a 5,000 5-year deferred life policy payable at the end of year of death for a policy holder [60] (select age 60). Find: 5,000 5A(60):

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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