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Forum: Long-Term Actuarial Math 06-13-2009, 06:20 PM
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Posted By jraven
Yes. A (unit) pure endowment pays $1 at the end...

Yes. A (unit) pure endowment pays $1 at the end of the period if (and only if) you're alive at that time. So {_{n}E_{x}} = {_{n}p_{x}} \,\cdot\, \nu^n, i.e. the product of the probability that you...
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