3.9. The death benefit of a whole life insurance on a life aged 40 is payable at...
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3.9. The death benefit of a whole life insurance on a life aged 40 is payable at the moment of death. Determine the sum insured if the purchase price is $560 and a 6% annual interest rate is used.
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An Introduction To Actuarial Mathematics
ISBN: 978-9048159499
1st Edition
Authors: Arjun K. Gupta ,Tamas Varga
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