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Life Insurance Theory: Actuarial Perspectives F. Etienne De Vylder 1997 edition
Life Insurance Theory: Actuarial Perspectives
F. Etienne De Vylder
The whole life annuity a is the x x time-capital (1,0) + (1,1) + (1,2) + ... (**) In particular, the present value ofA 00 and a 00 is x x 0 0 2 A = ~ and a = 1 + v + v + ... In particular, the price ofA 00 and ax 00 is x 2 A = E(~) and a = E(I + v + v + ...
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