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#2 2. For a fully discrete whole life insurance of 1000 on (70), you are given: (i) i = 0.05 and Mortality follows the Standard
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2. For a fully discrete whole life insurance of 1000 on (70), you are given: (i) i = 0.05 and Mortality follows the Standard Ultimate Life Table (i) The net premium is 35.66. (ii) Deaths are uniformly distributed between integer ages. Calculate the net premium reserve at duration 10.33. 2. For a fully discrete whole life insurance of 1000 on (70), you are given: (i) i = 0.05 and Mortality follows the Standard Ultimate Life Table (i) The net premium is 35.66. (ii) Deaths are uniformly distributed between integer ages. Calculate the net premium reserve at duration 10.33 Step by Step Solution
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