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Calculate the variance of the present value of a 20-year temporary anmuity of Ksh 5,000...

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Accounting

Calculate the variance of the present value of a 20-year temporary anmuity of Ksh 5,000 p.a., payable at the end of each year, issued to a life aged 44 exact. Mortality follows AM92 Ultimate, and interest is 4% pa effective.
Select one:
58517886.58
56739118.71
59406775.47
55628007.82
57628997.69
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