Helen is informed that the net single premium for 100,000 of whole life insurance, payable at the
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Helen is informed that the net single premium for 100,000 of whole life insurance, payable at the moment of death, is 65,000. If Helen is subject to a constant force of mortality ^^ = 0275, and if 6 is also constant, find the actuarial present value of a whole life annuity of 5000 per year payable continuously to Helen.
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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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