Question
20. For a fully discrete 3-year endowment insurance of 100 on (50), you are given: (i) The following double decrement table, where decrement d
20. For a fully discrete 3-year endowment insurance of 100 on (50), you are given: (i) The following double decrement table, where decrement d refers to death and decrement w refers to withdrawal: X 1X(7) d(d) d(w) 50 1000 20 35 51 945 25 25 52 895 30 0 There are no benefits upon withdrawal. (ii) (iii) i = 0.05 Calculate the annual net premium for this policy. (A) 18 (B) 22 (C) 26 (D) 30 (E) 34
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Venture capital and the finance of innovation
Authors: Andrew Metrick
2nd Edition
9781118137888, 470454709, 1118137884, 978-0470454701
