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A fully discrete whole life insurance policy with death benefit of 1 is issued to ( 7 5 ) , with an annual benefit premium

A fully discrete whole life insurance policy with death benefit of 1 is
issued to (75), with an annual benefit premium of 0.3112. Assuming i =0.10 and
DeMoivres law with \omega =80, compute the median of the loss-at-issue random variable
which we always have been denoting by L.

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