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Unformatted text preview: assumption, calculate E [ Z ]. 4. Z 1 is the PV of a continuous nyear term insurance benet, issued to ( x ). Z 2 is the PV of a continuous whole life insurance benet, issued to the same life. What is the covariance of Z 1 and Z 2 ? Express in actuarial functions, simplied as far as possible. 5. (a) Show that ( IA ) 1 x : n = vq x + vp x ( IA ) 1 x +1: n1 + A 1 x +1: n1 (b) You are given that ( IA ) 50 = 4 . 99675, A 1 50: 1 = 0 . 00558, A 51 = 0 . 24905 and i = 0 . 06. Calculate ( IA ) 51 1...
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This note was uploaded on 03/30/2012 for the course ACTSC 232 taught by Professor Matthewtill during the Winter '08 term at Waterloo.
 Winter '08
 MATTHEWTILL

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