Question

Using the standard ultimate life table, with interest at 5% per year effective, calculate the following, assuming UDD between integer ages where necessary.

a) Life expectancy
b) Retirement age
c) Present value of life
d) Annuity payment

Answer 1

In order to calculate the life expectancy, retirement age, present value of life, and annuity payment, specific data is needed.

Step-by-step explanation:

In order to calculate the life expectancy, retirement age, present value of life, and annuity payment using the standard ultimate life table with a 5% per year effective interest rate, we need specific data that is not provided in the question. Please provide the necessary data so that we can accurately answer your question.