You are given the following excerpt from a life table, including mortality rates and expected value of a 1 unit whole life insurance payable at end of year of death for (x) using an interest rate of 5%: A 9,614.46 9,525.66 60 0.009236 0.354623 60 61 0.009798 0.366503 61 62 9,432.33 9,334.07 62 0.010417 0.378742 63 0.011104 0.391338 63 64 0.011871 9,230.42 0.404290 64 65 0.012731 9,120.85 0.417591 65 66 0.013698 9,004.73 0.431230 66 67 0.014785 8,881.39 0.445191 67 8,750.07 8,610.00 68 0.016008 0.459459 68 69 0.017379 0.474012 69 70 0.018915 8,460.37 0.488829 70 You are also given that during the 2 year select period the mortality rates are a fraction of the normal mortality according to the following table: 0.90q 0.95g+1 Using survival probabilities from the select life model described above, find the value of a 5,000 5-year deferred life policy payable at the end of year of death for a policy holder [60] (select age 60). Find: 5,000 5A(60):

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You are given the following excerpt from a life table, including mortality rates and expected value of a 1
unit whole life insurance payable at end of year of death for (x) using an interest rate of 5%:
A
60
0.009236
9,614.46
0.354623
60
61
0.009798
9,525.66
0.366503
61
62
0.010417
9,432.33
0.378742
62
63
0.011104
9,334.07
0.391338
63
64
9,230.42
9,120.85
64
0.011871
0.404290
65
0.012731
0.417591
65
66
0.013698
9,004.73
0.431230
66
67
0.014785
8,881.39
0.445191
67
68
0.016008
8,750.07
0.459459
68
69
0,017379
8,610.00
0.474012
69
70
0.018915
8,460.37
0.488829
70
You are also given that during the 2 year select period the mortality rates are a fraction of the normal
mortality according to the following table:
0.90q
0.95g+1
Using survival probabilities from the select life model described above, find the value of a 5,000 5-year
deferred life policy payable at the end of year of death for a policy holder [60] (select age 60).
Find: 5,000 5|A[60]:
Transcribed Image Text:You are given the following excerpt from a life table, including mortality rates and expected value of a 1 unit whole life insurance payable at end of year of death for (x) using an interest rate of 5%: A 60 0.009236 9,614.46 0.354623 60 61 0.009798 9,525.66 0.366503 61 62 0.010417 9,432.33 0.378742 62 63 0.011104 9,334.07 0.391338 63 64 9,230.42 9,120.85 64 0.011871 0.404290 65 0.012731 0.417591 65 66 0.013698 9,004.73 0.431230 66 67 0.014785 8,881.39 0.445191 67 68 0.016008 8,750.07 0.459459 68 69 0,017379 8,610.00 0.474012 69 70 0.018915 8,460.37 0.488829 70 You are also given that during the 2 year select period the mortality rates are a fraction of the normal mortality according to the following table: 0.90q 0.95g+1 Using survival probabilities from the select life model described above, find the value of a 5,000 5-year deferred life policy payable at the end of year of death for a policy holder [60] (select age 60). Find: 5,000 5|A[60]:
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