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a) For an annuity, the claimant will receive payments of RM (YOUR MATRIC NO.) per year, payable continuously as long as she remains to survive. The length of the payment period in years is a random variable with probability density function (p.d.f.) f(t) = te-t,t> 0 Calculate the actuarial present value of the annuity with the force of interest 0.05, and payments begin immediately. Note: For Matric No: 123456, then RM123,456.

a) For an annuity, the claimant will receive payments of RM (YOUR MATRIC NO.) per year, payable continuously as long as she remains to survive. The length of the payment period in years is a random variable with probability density function (p.d.f.) f(t) = te-t,t> 0 Calculate the actuarial present value of the annuity with the force of interest 0.05, and payments begin immediately. Note: For Matric No: 123456, then RM123,456.

Advanced Engineering Mathematics
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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Payment = RM 278760
For an annuity, the claimant will receive payments of RM (YOUR MATRIC NO.) per year, payable continuously as long as she remains to survive. The length of the payment period in years is a random variable with probability density function (p d f) a) f (t) = te-t,t > 0 Calculate the actuarial present value of the annuity with the force of interest 0.05, and payments begin immediately. Note: For Matric No: 123456, then RM123,456.
Transcribed Image Text:For an annuity, the claimant will receive payments of RM (YOUR MATRIC NO.) per year, payable continuously as long as she remains to survive. The length of the payment period in years is a random variable with probability density function (p d f) a) f (t) = te-t,t > 0 Calculate the actuarial present value of the annuity with the force of interest 0.05, and payments begin immediately. Note: For Matric No: 123456, then RM123,456.
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