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For a certain contract issued at age 60, 5V = 200, the premium payable at age 65 is 40, q65 = 0.20, the death benefit payable at age 66 for death between age 65 and 66 is 800, the interest rate for the sixth year of the contract (between age 65 and 66) is 20%.
(a) Find 6V.
(b) Decompose the premium payable at age 65 into the risk portion and the savings portion.
(c) Suppose that during the sixth year, the actual interest rate earned was 25% instead of 20% and the actual rate of mortality at age 65 was 0.15 instead of 0.20. Find the gain or loss during this year, from interest and from mortality, for each policy in existence at the beginning of the year.
The children will each receive three times as much as each grandchild, and the wife will receive four times as much as each child. If the estate amounts to $115,000, how much will each person receive?
in the course of designing theater seats the sitting heights in mm of a sample of adult women is obtained and the
A polygon has an area of 100 square inches and one of its sides is 20 inches long. If a second similar polygon has an area of 36 square inches, what is the length of the corresponding side in the second polygon?
What is the price elasticity of demand for Dunkin Donuts (DD) glazed doughnuts, What xy1is the cross elasticity of demand between DD glazed doughnuts and Krispy Kreme (KK) glazed doughnuts, What xy2is thecrosselasticity of demand between DD glazed do..
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Find the slope-intercept form of the equation of the line that passes through the point (0,0) and has a slope m=4
A 118 foot line is attached to a kite. When the kite has pulled the line taut,the angle of elevation to the kite is approximately 42 degrees. Approximate the height of the kite.
a news article on the reuters health website reported thata study of over 1200 people over age 65 showed that the owls
Conversion of angle measures from degrees to radians - Fill in the missing blanks by using the conversions between radians and degrees to find your solutions
Write a linear equation to estimate the weight of a person of any height. Estimate the weight of a person that is 72 inches tall
Supply. The slope is ms = Also, S(2) = 98, so S(p) = 70(p - 2) + 98 = 70p - 42. Okay. Does the positive slope make sense? Why?
One of the best candidates for a black hole is found in the binary system called A0620-0090. The two objects in the binary system are an orange star, V616 Monocerotis, and a compact object believed to be a black hole.
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