Q6. For a fully continuous 20-year term life insurance on (x) with face amount 1,000, you are given: The net single premium is 150. The annual net premium is 15.15. 8 = 0.06. Determine 20Px·

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A:

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A: Explanation of the solution is given below...

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A:

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A: Given problem is

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A: The given function for integration is,

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A:

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A: ∫33361+x2dx=6∫33311+x2dx=6tan-1x333=6tan-13-tan-133=6tan-13-tan-113=6π3-π6=2π-π=π

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A: Note: After seeing the previous explanation, we observe that the student has some doubts  related…

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A:

Q: that

A: a. The parameter of interest is the percentage of times the scanners coming up with wrong price tag.…