Hi there, I have read through your request seeking the assistance to unravel some Acturial Science questions. I'm interested in working with you on this project.
If Adam is currently age 65 and he decided to buy 25 year life annuity that will be paying him $2500 monthly, the answer is that be needing $750000 to buy the annuity.
Hoping to hear from you soon on this.
Thank you.