My Math Forum Whole life insurance problem

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 July 5th, 2010, 02:33 PM #1 Newbie   Joined: Jul 2010 Posts: 1 Thanks: 0 Whole life insurance problem Could anyone please help my with this exercise: Consider a whole life insrance measured in intervals of 1/m where a unit is a year. The benefit is payable at the end of the month when death occurs. Let k be the numer of complete years lived and j be the complete number of months lived in the year of death. Prove that A_X^((m))= i/i^((m)) *A_x This an exercise for Actuarial Mathematics by Bowers number 4.19. I would really apreciate any help
 July 6th, 2010, 06:01 AM #2 Global Moderator     Joined: Nov 2006 From: UTC -5 Posts: 16,046 Thanks: 938 Math Focus: Number theory, computational mathematics, combinatorics, FOM, symbolic logic, TCS, algorithms Re: Whole life insurance problem Without definitions for A, X, x, and i it will be fairly hard!

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