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3. For a special fully discrete whole life insurance of 1000 on (40): (i) The net premium for each of the first 20 years is
3. For a special fully discrete whole life insurance of 1000 on (40): (i) The net premium for each of the first 20 years is . (ii) The net premium payable thereafter at age x is 1000v., *1-60,61,62.... (iii) Mortality follows the Standard Ultimate Life Table (iv) = 0.05 Calculate . 3. For a special fully discrete whole life insurance of 1000 on (40): (i) The net premium for each of the first 20 years is . (ii) The net premium payable thereafter at age x is 1000v., *1-60,61,62.... (iii) Mortality follows the Standard Ultimate Life Table (iv) = 0.05 Calculate
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