Find the net cash flow vector

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Reference no: EM131001105

For a 3-year term insurance policy on (x), level premiums are payable for 3 years. The following data are given.

k	qx+k	ik	bk
0	0.10	0.20	50 000
1	0.15	0.25	20 000
2	0.20	0.30	15 000

(a) Find the vector yx.

(b) Find the net cash flow vector.

(d) Explain briefly why your answers to (c) are negative.

Reference no: EM131001105

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