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A company charges a net single premium of $6,000 for a life insurance policy with face amount $25,000. The force of interest for this policy
A company charges a net single premium of $6,000 for a life insurance policy with face amount $25,000. The force of interest for this policy is 4%. Find the probability that the company makes a profit if: Benefit paid at the moment of death and the survival function is So(t) = 1 - t 100 for 0
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