Life Con 2 Assignment

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Variable Constant

x 35
n 15
it 0.09
δt 0.08618
premratex,t 11
polfee 20
avgsizex 125
expthoux,t 0
expdeatht 100
explapset 20
DBx,t 1000
v 0.9174311926606

t 1000qdx,t qwx,t exppolx,t exp premx,t CVx,t


1 0.44 0.15 135 1.45 0
2 0.5 0.09 20 0.1 0
3 0.66 0.07 20 0.1 4.97
4 0.77 0.06 20 0.1 15.05
5 0.88 0.05 20 0.1 25.71
6 0.99 0.05 20 0.1 36.99
7 1.11 0.05 20 0.1
8 1.25 0.05 20 0.1
9 1.42 0.05 20 0.1
10 1.6 0.05 20 0.1
11 1.8 0.05 20 0.1
12 2 0.05 20 0.1
13 2.2 0.05 20 0.1
14 2.46 0.05 20 0.1
15 2.8 0.05 20 0.1

Decrements, Discounting and Premiums


t 1000qdx,t pdx,t qwx,t px,t Dx,t premiumx,t
1 0.44 0.99956 0.15 0.84956 0.779412844 11.16
2 0.5 0.9995 0.09 0.9095 0.650344937 11.16
3 0.66 0.99934 0.07 0.92934 0.554487673 11.16
4 0.77 0.99923 0.06 0.93923 0.477790328 11.16
5 0.88 0.99912 0.05 0.94912 0.416037024 11.16
6 0.99 0.99901 0.05 0.94901 0.362223207 11.16
7 1.11 0.99889 0.05 0.94889 0.315330256 11.16
8 1.25 0.99875 0.05 0.94875 0.274467505 11.16
9 1.42 0.99858 0.05 0.94858 0.238857235 11.16
10 1.6 0.9984 0.05 0.9484 0.207827708 11.16
11 1.8 0.9982 0.05 0.9482 0.180791039 11.16
12 2 0.998 0.05 0.948 0.157238445 11.16
13 2.2 0.9978 0.05 0.9478 0.136725319 11.16
14 2.46 0.99754 0.05 0.94754 0.118855696 11.16
15 2.8 0.9972 0.05 0.9472 0.10328451 11.16

Expenses and Cash Values


t exppolx,t exp premx,t beg expx,t end expx,t CVx,t
1 135 1.45 17.262 0.024367603 0
2 20 0.1 1.276 0.01481773 0
3 20 0.1 1.276 0.011751404 4.97
4 20 0.1 1.276 0.010243305 15.05
5 20 0.1 1.276 0.008735205 25.71
6 20 0.1 1.276 0.008827106 36.99
7 20 0.1 1.276 0.008927361
8 20 0.1 1.276 0.009044326
9 20 0.1 1.276 0.009186354
10 20 0.1 1.276 0.009336737
11 20 0.1 1.276 0.009503829
12 20 0.1 1.276 0.009670921
13 20 0.1 1.276 0.009838013
14 20 0.1 1.276 0.010055233
15 20 0.1 1.276 0.01033929

Benfits, Assets and Surplus


t polbenx,t benexpx,t Asx,t Vx,t surplusx,t
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

Gain, Profit and Risk Charges


t gainx,t profitx,t pvprofitx riskchrgx,t pvriskchrgt
1
2 0
3 0
4 0
5
6
7
8
9
10
11
12
13
14
15
Ax äx benefit premium
0.00037018 0.917028 0.40366972477064
0.00038573 0.840889 0.45871559633022
0.00046681 0.770949 0.60550458715596
0.00049926 0.706748 0.70642201834867
0.00052301 0.647822 0.80733944954128
0.00053927 0.593744 0.90825688073399
0.0005541 0.544114 1.01834862385326
0.00057175 0.498563 1.14678899082566
0.00059503 0.456748 1.30275229357796
0.00061411 0.418364 1.46788990825692
0.00063269 0.38313 1.65137614678901
0.00064366 0.350792 1.8348623853211
0.00064813 0.32112 2.01834862385319
0.00066325 0.29388 2.25688073394497
0.00069065 0.26886 2.56880733944956

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