Herman, aged 45, purchases a whole life policy of 100,000. Find the net single premium if (a)

Question:

Herman, aged 45, purchases a whole life policy of 100,000. Find the net single premium if

(a) M45 = 250 and D^s = 520;

(b) A^45 = 8000, Z)45 = 520 and / = .04.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: