# Section21 - 20: 40 | form an arithmetic progression....

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Example : Given that ¨ a 62: 10 | = 7 . 72 , ¨ a 62: 11 | = 8 . 22 and ¨ a 62: 20 | = 11 , what is the value per \$1 , 000 bene- ﬁt, assuming level beneﬁt premiums, of the 10 - th year terminal beneﬁt reserve on a 20 year fully discrete endowment insurance policy is- sued to (62) ? 1

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Example : Find 5 V 25: 10 | , given: 5 V 20: 15 | = 2 7 A 20: 15 | = 3 10 A 30: 5 | = 7 10 2
Example : Given: i) 10 V 20: 40 | = 0 . 2 ii) ¨ a 40: 20 | , ¨ a 30: 30 | , ¨ a

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Unformatted text preview: 20: 40 | form an arithmetic progression. Evaluate 10 V 30: 30 | . 3 Example : On the basis of De Moivre’s law with l x = 100-x and the interest rate of 6% , calculate a) P ( A 35 ) b) t V ( A 35 ) and V ar [ t L | T ( x ) > t ] for t = , 10 , 20 , ..., 60 . 4...
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## This note was uploaded on 09/27/2009 for the course ACT ACT348 taught by Professor Badescu during the Fall '08 term at University of Toronto.

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Section21 - 20: 40 | form an arithmetic progression....

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