For a 20-year term insurance on (55), you are given:i. The death benefit is 1000 payable at the moment of death.ii. Mortality follows the Standard Ultimate Life Table.iii. i = 5%Assume that deaths are uniformly distributed between integral ages. Calculate the expected present value of insurancebenefit.Possible AnswersA 68B 70C 72D 74E 76

Formula: Ax:n1=Ax:n-ExnHere, Ax:n and Exn values are obtained from the standard ultimate life table.…

Answered: Assume that deaths are uniformly…

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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Gallons/person/year Because whole milk is high in saturated fat, replacing whinte milk with lower-fat milk decreases saturated fat intake, potentinity reducing the risk of heart disease. However, milk is the most import ant source of calcium in the North American diet, and calclum i needed for bone health, so a reduction in total milk consampon could contribute to an increase in the incidence of fractures dus o low bone density, a condition called osteoporosis.¹¹ 25 10 20 15 5 A nutrition scientist looking at this graph, however, would see not just changes in the amount of milk Americans drank but the nutritional and public health implications of these changes well. 35 30 0 1970 1 74 78 L 82 86 90 HET 94 98 Year - Total milk -Lower-fat milks - Whole milk 02 the person's nutritional status can be assessed (Figure 2.2). record of an individual's food intake is Obtain 06 10 1 14 18 Interpret the Data If 1 gallon of milk has 4.8 grams of calcium, how much less cal- cium per person was…

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Assume that deaths are uniformly distributed between integral ages. Calculate the expected present value of insurance benefit.