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6. For a special three year term insurance on (90), you are given the follow- ing. k P90+k 0.904 736 8421 (i.) 1 0.893 542 7574 2 0.879 557 291 7 (ii.) The following benefits are payable at the end of year of death. k| br 1 4000 2 5000 3 6800 (iii.) i = 0.05 Calculate the mean and variance of the present value of the benefit payment.

6. For a special three year term insurance on (90), you are given the follow- ing. k P90+k 0.904 736 8421 (i.) 1 0.893 542 7574 2 0.879 557 291 7 (ii.) The following benefits are payable at the end of year of death. k| br 1 4000 2 5000 3 6800 (iii.) i = 0.05 Calculate the mean and variance of the present value of the benefit payment.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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6. For a special three year term insurance on (90), you are given the follow- ing. k P90+k 0.904 736 8421 (i.) 1 0.893 542 7574 2 0.879 557 2917 (ii.) The following benefits are payable at the end of year of death. k 1 4000 2 5000 3 6800 (ii.) і — 0.05 Calculate the mean and variance of the present value of the benefit payment.
Transcribed Image Text:6. For a special three year term insurance on (90), you are given the follow- ing. k P90+k 0.904 736 8421 (i.) 1 0.893 542 7574 2 0.879 557 2917 (ii.) The following benefits are payable at the end of year of death. k 1 4000 2 5000 3 6800 (ii.) і — 0.05 Calculate the mean and variance of the present value of the benefit payment.
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