6.7. Actuarial Math: Life Insurance Benefits G

Описание к видео 6.7. Actuarial Math: Life Insurance Benefits G

Variable insurance benefits when payments are made at end of year of death (discrete)

Typos:
- At 5:15 in (IA)x:angle_n, there should be a small (1) on top of x to indicate it is term benefit.
- At 30:28 please add 2 and 3 to the second and third term. so the equation should be:
E[Z] = 100000 [v(.02) + 2 (v^2)(0.98)(0.04) + 3 (v^3)(0.98)(0.96)(0.06)] = $23644.

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