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An insurer issues a five-year term insurance to (65), with a benefit of $100 000 payable...

An insurer issues a five-year term insurance to (65), with a benefit of $100 000 payable at the end of the year of death.
Calculate the probability that the present value of the benefit is greater than $90 000, using the Standard Ultimate Life Table, with interest of 5% per year effective.

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