1.16. Assume the premium for the endowment insurance, given in Problem 4.4 of Section 3.4, is payable...

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1.16. Assume the premium for the endowment insurance, given in Problem 4.4 of Section 3.4, is payable continuously. Determine the constant premium payment rate per annum so that the insurance company makes a profit with 95% probability on a group of

a) 50 people

b) 120 people

c) 1000 people

d) 9000 people

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An Introduction To Actuarial Mathematics

ISBN: 978-9048159499

1st Edition

Authors: Arjun K. Gupta ,Tamas Varga

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Question Posted: Nov 01, 2024 07:01 AM

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1.16. Assume the premium for the endowment insurance, given in Problem 4.4 of Section 3.4, is payable continuously. Determine the constant premium payment rate per annum so that the insurance company...
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1.16. Assume the premium for the endowment insurance, given in Problem 4.4 of Section 3.4, is payable...

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An Introduction To Actuarial Mathematics

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