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Assignment 7 Solution Values
Assignment 7 Solution Values
Assignment 7 Solution Values
1. n-year term
insurance
(a) E(Z)
(b) SD(Z)
(c) !.!"
!.!"
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(d) !.!"
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!.!"
!"##
(e) !.!"
!"##
!.!"
2. n-year term
life annuity
(a) E(Y)
(b) SD(Y)
(c) !.!"
!.!"
!"
(d) !.!"
!"
!.!"
!"##
(e) !.!"
!"##
!.!"
3. n-year term
life annuity
(Woolhouse)
i = 0.05, x = 30
n = 15, m = 4
i = 0.06, x = 60
n = 35, m = 12
0.036517
0.153565
0
0
2.5582
3.2174
96.4706
101.1317
0.373683
0.238679
0.5217
0.7400
19.8225
20.8471
942.258
949.5026
10.501861
1.048798
10.7020
10.7020
530.10
534.60
26290.02
26321.86
10.588197
3.852712
13.7385
14.8309
547.78
564.32
26600.42
26717.36
10.502152
10.588842