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3. For a fully discrete 10 year deferred life annuity-due on (50), premiums are payable at the beginning of the year for the next 10
3. For a fully discrete 10 year deferred life annuity-due on (50), premiums are payable at the beginning of the year for the next 10 years. Premiums are based on the equivalence principle. You are given: i, 50:101 = 6.9 ii. aso-11.3 iii. 10Eso- 0.44 iv. s9 0.012 .0.06 Calculate 9V 50
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