Francis, aged 65, purchases a life annuity paying 1000 at the end of each year provided she
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Francis, aged 65, purchases a life annuity paying 1000 at the end of each year provided she and her husband, aged 60, are both alive. Find the net single premium for this annuity if iV60:65 = 1500 and Z)60:65 = 85.
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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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