(50) purchases a five-year life annuity that provides for payments of $3,000 every two months, with the first payment to be made at age 60. What is the Net Single Premium (NSP) for this annuity?

Use the following information to answer this question i = 5% . nEso X n som 50 14.0453 60 | 11.3041 61 11.0032 100.5509 7.8179 110.5159 8.3688 15 0.3895 10.2361 Use the following information to answer this question i = 5% . nEso X n som 50 14.0453 60 | 11.3041 61 11.0032 100.5509 7.8179 110.5159 8.3688 15 0.3895 10.2361