Derive a formula in terms of commutation functions for the gross annual premium at age x, payable
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Derive a formula in terms of commutation functions for the gross annual premium at age x, payable for n years, for a whole life insurance policy of 1, if the expenses consist of a flat amount of h per year, as long as payments continue, plus an additional amount oi k in the first year, plusy percent of each premium paid, plus an extra expense of r in the year the claim is made.
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Related Book For 
Theory Of Interest And Life Contingencies With Pension Applications A Problem Solving Approach
ISBN: 978-1566983334
3rd Edition
Authors: Asa Michael M. Parmenter, Ph.d.
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