A continuous whole-life annuity on (x) makes payments at a rate of 50 per year. Hzit = (0.04 t≤ 12 0.05 t > 12 & = 0.02 Calculate the expected present value of this annuity. OA. 695 OB.775 C. 883 OD.927 OE 1047
A continuous whole-life annuity on (x) makes payments at a rate of 50 per year. Hzit = (0.04 t≤ 12 0.05 t > 12 & = 0.02 Calculate the expected present value of this annuity. OA. 695 OB.775 C. 883 OD.927 OE 1047
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:A continuous whole-life annuity on (x) makes payments at a rate of
50 per year.
0.04 t< 12
0.05 t> 12
8, = 0.02
Calculate the expected present value of this annuity.
O A. 695
OB. 775
OC. 883
O D. 927
DE 1047
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