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rev | Admin | (Created page with "For a special whole life insurance on <math>(x)</math>, you are given: (i) Death benefits are payable at the moment of death (ii) The death benefit at time <math>t</math> is <math>b_{t}=e^{0.02 t}</math>, for <math>t \geq 0</math> (iii) <math>\quad \mu_{x+t}=0.04</math>, for <math>t \geq 0</math> (iv) <math>\delta=0.06</math> (v) <math>\quad Z</math> is the present value at issue random variable for this insurance Calculate <math>\operatorname{Var}(Z)</math>. <ul...") | Jan 18'24 at 3:37 | +600 |