PLEASE HELPI WITH ALL OF THEMIExercise 5.20 Consider the following portfolio of annuities-due currentlybeing paid from the assets of a pension fund.AgeNumber of annuitants604070308010Each annuity has an annual payment of $10000. The lives are assumed tobe independent. Assume mortality follows the Standard Ultimate Life Table,with interest at 5% per year. Calculate(a) the expected present value of the total outgo on annuities,(b) the standard deviation of the present value of the total outgo on annu-ities, and(c) the 95th percentile of the distribution of the present value of the total outgoon annuities, using a Normal approximation.

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Answered: Exercise 5.20 Consider the following…

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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Compute the simple interest INT for the specified length of time and the future value FV at the end of that time (in dollars). Round all answers to the nearest cent. $5,000 is invested for 2 years at 8% per year. INT = $ FV = $
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Compute the simple interest INT for the specified length of time and the future value FV at the end of that time (in dollars). Round all answers to the nearest cent. $14,800 is invested for 7 months at 7% per year. INT = FV = $ $
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$ Face value (principal) 52,200 Rate of interest TABLE Day of month 12% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 7-1 31 Jan. 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Exact days-in-a-year calendar (excluding leap year)" 28 Feb. Length of note 95 days 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 "Ohen referred to as a Julian calendar. 56 57 58 59 31 Mar. 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 30 Apr. Maturity value 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 31 30 May June 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 30 31 31 31 July Aug. Sept. Oct. Date of note…
Compute the simple interest INT for the specified length of time and the future value FV at the end of that time (in dollars). Round all answers to the nearest cent. $7,000 is invested for 1 year at 3% per year. INT = $ FV = $

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