Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A two-year policy on (x) provides for death benefits of 1000 paid at the end of the year of death. Premiums of 160 are paid for 2 years. There are expenses, incurred at the beginning of each year, of 20% of the premium plus 18 in year 1, and 5 in year 2. You are given that i = 100%, qx = 0.2, qx+1 = 0.3. There are no withdrawals. Find the expense-augmented reserves, gross-premium reserves, and asset shares.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91710591

Have any Question?


Related Questions in Statistics and Probability

In families with four children youre interested in the

In families with four children, you're interested in the probabilities for the different possible numbers of girls in a family. Using theoretical probability (assume girls and boys are equally likely), compile a five-col ...

Consider the study of two insect populations at two exper-

Consider the study of two insect populations at two exper- imental stations. At station A, the egg hatch rate (computed from a set of 100 eggs at a time) is known to follow approximately a normal distribution with mean 6 ...

Using chebysheffs theorm you have concluded that at least

Using Chebysheff's theorm, you have concluded that at least 77.66% of the 3,075 runners took between 60.5 and 87.5 minutes to complete the 10km race. What was the standard deviation of these 3,075 runners?

A firm requires an investment of 18000 and will return

A firm requires an investment of $18,000 and will return $26,000 after one year. If the firm borrows $10,000 at 8% what is the return on levered equity?

A certain diagnostic test is indicative of problems only if

A certain diagnostic test is indicative of problems only if a child scores in the lowest 10% of those taking the test (the 10th percentile). If the mean score is 150 with a standard deviation of 30, what would be the dia ...

The december cbot treasury bond futures contract is quoted

The December CBOT Treasury bond futures contract is quoted at 92-19. If annual interest rates go up by 1.50 percentage points, what is the gain or loss on the futures contract? (Assume a $1,000 par value, and round to th ...

Monthly water bills for a city have a mean of 10843 and a

Monthly water bills for a city have a mean of $108.43 and a standard deviation of $36.98. Find the probability that a randomly selected bill will have an amount greater than $165, which the city believes might indicate t ...

One study based on responses from 1 013 randomly selected

One study, based on responses from 1, 013 randomly selected teenagers, concluded that 43% of teenagers cite grades that their greatest source of pressure. Use a 0.05 significance level to test the claim that fewer than h ...

A sample of 100 randomly selected students found that the

A sample of 100 randomly selected students found that the proportion of students planning to travel home for Thanksgiving is 0.68. What is the Standard Deviation of the sampling distribution?

1 this table summarizes the results from

1) This table summarizes the results from along+termrandomized clinicaltrial to  determine whether aspirin reduces the risk of heart attack. Researchers  randomly assigned a large sample of healthy male physicians (22,07 ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As