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(ii)250 is payable at the end of the year in which you become infected with either virus. (iii)For lives infected with either virus, 1000 is payable at the end of the year of death. (iv)The policy is issued only on Healthy lives. (v)0.05iCalculate the actuarial present value of the benefits at policy issue. (A)66 (B)75 (C)84 (D)93 (E)102 [This is a modified version of Question 24 on the Fall 2012 Multiple Choice exam.]
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July 3, 2018 Page 106 8.4.You are given: (i)The following excerpt from a triple decrement table: x ( )xl(1)xd(2)xd(3)xd50 100,000 490 8,045 1,100 51 90,365 - 8,200 - 52 80,000 - - - (ii)All decrements are uniformly distributed over each year of age in the triple decrement table. (iii)(3)xqis the same for all ages. Calculate (1)5110,000.q(A)130 (B)133 (C)136 (D)138 (E)141 [This was Question 13 on the Fall 2012 Multiple Choice exam.]