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2. (AMLCR) 6.3 (c). You are given the following extract from a select life table...

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Accounting

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2. (AMLCR) 6.3 (c). You are given the following extract from a select life table with a four-year select period. A select individual aged 41 purchased a fully discrete three-year term insurance with a net annual premium of $350. [2] 12 1[2]+1 1[2] +2 1[2] +3 lata +4 [40] 100,000 99,899 99,724 99,520 99,288 44 [41] 99,802 99,689 99,502 99,283 99,033 45 [42] 99,597 99,597 99,471 99,268 99,030 98,752 46 Use an effective rate of interest of 6% per year to calculate (c) Pr[Lo > 0). 2. (AMLCR) 6.3 (c). You are given the following extract from a select life table with a four-year select period. A select individual aged 41 purchased a fully discrete three-year term insurance with a net annual premium of $350. [2] 12 1[2]+1 1[2] +2 1[2] +3 lata +4 [40] 100,000 99,899 99,724 99,520 99,288 44 [41] 99,802 99,689 99,502 99,283 99,033 45 [42] 99,597 99,597 99,471 99,268 99,030 98,752 46 Use an effective rate of interest of 6% per year to calculate (c) Pr[Lo > 0)

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