ACTSC 331 Fall 2012 Assignment 5
due Friday Nov 23 at the beginning of class
1. For a double decrement table, you are given:
p0. = 0.085, p02 = 0.065, p01 = 0.03, p02 = 0.06, p01 = 0.04, p0. = 0.09
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(a)
(b)
(c)
(d)
(e)
Construct the doubl
ACTSC 331 Fall 2012 Assignment 6 SOLUTIONS
1. Express the EPV of the following annuities in terms of simple (single life or joint life)
annuity EPV functions. Assume lives are independent and both are alive at time 0.
(a) An annuity of $1 per year paid wh