Elaine, aged 30, purchases a contract which provides for three payments of 2000 each at ages 40,
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Elaine, aged 30, purchases a contract which provides for three payments of 2000 each at ages 40, 50 and 55, if she is alive.
Given i^ = 1 10 — x and / = .09, find the net single premium for this contract.
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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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