1.8. A continuous life annuity of $2000 per annum deferred 15 years is purchased for a life...
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1.8. A continuous life annuity of $2000 per annum deferred 15 years is purchased for a life aged 50 by monthly installments payable for 5 years. Determine the monthly premium using a 6% annual interest rate.
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Related Book For
An Introduction To Actuarial Mathematics
ISBN: 978-9048159499
1st Edition
Authors: Arjun K. Gupta ,Tamas Varga
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