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A 30-year old buys a Special discrete 3-year term insurance. Death benefit is 2k at the end of years k=1,2,3. Premiums are payable at the
A 30-year old buys a Special discrete 3-year term insurance. Death benefit is 2k at the end of years k=1,2,3. Premiums are payable at the beginning of the year and are 3 at the beginning of year 1 , and at the beginning of year 2 . px1V=0.9,x0;v=0.9=0.6954;2V=
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