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A special 10-year term insurance pays 1 at the moment of death. It also refunds the net single premium without interest if the insured survives

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A special 10-year term insurance pays 1 at the moment of death. It also refunds the net single premium without interest if the insured survives 10 years. You are given: (i) =0.01 (ii) =0.06 Calculate the net single premium. (A) 0.12 (B) 0.13 (C) 0.14 (D) 0.15 (E) 0.16 A special 10-year term insurance pays 1 at the moment of death. It also refunds the net single premium without interest if the insured survives 10 years. You are given: (i) =0.01 (ii) =0.06 Calculate the net single premium. (A) 0.12 (B) 0.13 (C) 0.14 (D) 0.15 (E) 0.16

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