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A special 3-year endowment insurance issued to a (50) has a death benefit of bk+1 payable at the moment of death in the year k+1.
A special 3-year endowment insurance issued to a (50) has a death benefit of bk+1 payable at the moment of death in the year k+1. The endowment benefit is 5000.
Given the previous table and assuming UDD with v=0.9, find the net single premium.
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