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Calculate the present value and variance of two life annuities payable continuously in the amount of 40,000 per year. Demographic information: Age 55 Gender Female Status Disabled Retiree Basis: Interest rate 6% Mortality table RPH-2014 Disabled Retiree without mortality improvement You are given the following values from a life insurance table (actuarial values and second moments shown are for whole life insurance payable at the moment of death): Whole life insurance Age Lives Actuarial Value Second Moment 55 7,963.68 0.311490 0.147065 65 6,752.26 0.416640 0.222551 Present value of whole life annuity 2 Variance of whole life annuity Present value of 10 year term life annuity Variance of 10 year term life annuity 2 You may answer rounded to the nearest 1,000. Due to limitations of Canvas, the instructor will grade all submissions; so scores may change. Note: the variance is represented by a squared number lie, the standard deviation squared) Calculate the present value and variance of two life annuities payable continuously in the amount of 40,000 per year. Demographic information: Age 55 Gender Female Status Disabled Retiree Basis: Interest rate 6% Mortality table RPH-2014 Disabled Retiree without mortality improvement You are given the following values from a life insurance table (actuarial values and second moments shown are for whole life insurance payable at the moment of death): Whole life insurance Age Lives Actuarial Value Second Moment 55 7,963.68 0.311490 0.147065 65 6,752.26 0.416640 0.222551 Present value of whole life annuity 2 Variance of whole life annuity Present value of 10 year term life annuity Variance of 10 year term life annuity 2 You may answer rounded to the nearest 1,000. Due to limitations of Canvas, the instructor will grade all submissions; so scores may change. Note: the variance is represented by a squared number lie, the standard deviation squared)

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