actuarial mathematics for life contingent risks You arc give
actuarial mathematics for life contingent risks
 You arc given: V is the present value random variable for a continuous whole life insurance of 1 per year on (40). mux=1/120-z  for xLT120 delta= 0.05.Compute Var(Y\'). Calculate the 75th percentile of the distribution of Y.  For a whole life insurance of $1 on (x) with benefits payable at the moment of death, you arc given: deltat, the force of interest at time t is delta1={0.02  tLT12  0.03  tGE 12  muz+t={0.04  tLT5  0.05  tGE5  Calculate the expected present value of this benefit.Solution

