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A group of 1 0 0 , 0 0 0 males, age 3 0 , wishes to contribute each year an amount to a common
A group of males, age wishes to contribute each year an amount to a common fund sufficient to pay $ to the dependants of each group member who dies during the year. Use the mortality table in Exhibit to determine the following: a How many members of the group can be expected to die during the year? Members expected to die b What amount must each of the members contribute at the beginning of the year to provide $ for the dependants of those who die before the end of the year? Round your answer to decimal places. Omit the $ sign in your response. Amount $ per member
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