Hi,
I cannot find any questions on 3 lives so can you give me a lead on the following question? I translate from another language so I simplied the wording:
3 lives aged (x), (y) and (z) with independent future lifetimes. You are given:
- PV of 1,000 payable at the end of every year, payable as long as at least one of (y) and (z) is alive, after (x) dies.....is 9,000.
- PV of 2,000 payable at the end of every year, payable as long as both (y) and (z) are alive, after (x) dies.....is 12,000.
Calculate 2000(a_xIy + a_xIz).
The answer is 30,000.
In the last line I tried to write an awkward notation for the two reversionary annuities: y gets the money after x dies and z gets the money after x dies.
I cannot seem to find anything to read on more than 2 lives, other than just old books. I have couple more questions similar to this one, maybe your answers will help me do those ones.
I cannot find any questions on 3 lives so can you give me a lead on the following question? I translate from another language so I simplied the wording:
3 lives aged (x), (y) and (z) with independent future lifetimes. You are given:
- PV of 1,000 payable at the end of every year, payable as long as at least one of (y) and (z) is alive, after (x) dies.....is 9,000.
- PV of 2,000 payable at the end of every year, payable as long as both (y) and (z) are alive, after (x) dies.....is 12,000.
Calculate 2000(a_xIy + a_xIz).
The answer is 30,000.
In the last line I tried to write an awkward notation for the two reversionary annuities: y gets the money after x dies and z gets the money after x dies.
I cannot seem to find anything to read on more than 2 lives, other than just old books. I have couple more questions similar to this one, maybe your answers will help me do those ones.
annutities - three independent lives
0 commentaires:
Enregistrer un commentaire