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1. For a special whole life insurance issued to (50), you are given the following: (a) Mortality follows the Standard Select and Ultimate Life Table
1. For a special whole life insurance issued to (50), you are given the following: (a) Mortality follows the Standard Select and Ultimate Life Table (b) i = 5% The death benefit is 20,000 in the first 15 years and 50,000 afterwards, payable at the end of the year of death. Level premiums are payable annually. Calculate the net level premium.
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