An Insurance Company Uses the Mortality Table Below to Calculate

question 31

Multiple Choice

An insurance company uses the mortality table below to calculate its risk when writing life insurance policies. ​ Based on the table,what is the probability as a percent that a 63-year -old woman will live to see her 64th birthday?
​

• A) 97.47%
• B) 92.53%
• C) 90.53%
• D) 90.253%

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Definitions:

Fibula

A long, slender bone located on the lateral side of the tibia in the lower leg, contributing to the stability and support of the ankle and lower leg structures.

Metatarsals

The long bones in the foot that connect the ankle to the toes.

Tibia

The tibia, also known as the shinbone, is a large bone in the lower part of the leg, located between the knee and ankle, medial to the fibula.

Talus

A bone in the ankle that sits above the calcaneus and below the tibia and fibula, playing a critical role in the ankle’s ability to move.