Consider a 20-year annual premium endowment insurance with sum insured $100000 issued to a select life aged 35. Assume initial expenses of 3% of the basic sum insured and 20% of the first premium, and renewal expenses of 3% of the second and subsequent premiums. Assume that the death benefit is payable at the end of the year of death. a) Write down an expression for the gross future loss random variable. b) Calculate the gross annual premium. c) Calculate the probability that the contract makes a profit

Name these type of angles shown check all that applies

The interior angles formed by the side of a hexagon have measures of them up to 720° what is the measure of angle a

Name and describe the three most important measures of central tendency. choose the correct answer below. a. the mean, sample size, and mode are the most important measures of central tendency. the mean of a data set is the sum of the observations divided by the middle value in its ordered list. the sample size of a data set is the number of observations. the mode of a data set is its highest value in its ordered list. b. the sample size, median, and mode are the most important measures of central tendency. the sample size of a data set is the difference between the highest value and lowest value in its ordered list. the median of a data set is its most frequently occurring value. the mode of a data set is sum of the observations divided by the number of observations. c. the mean, median, and mode are the most important measures of central tendency. the mean of a data set is the product of the observations divided by the number of observations. the median of a data set is the lowest value in its ordered list. the mode of a data set is its least frequently occurring value. d. the mean, median, and mode are the most important measures of central tendency. the mean of a data set is its arithmetic average. the median of a data set is the middle value in its ordered list. the mode of a data set is its most frequently occurring value.