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A woman aged 66 buys a continuous life annuity which is scheduled to pay $1,000 per year beginning at age 81. Should she die before
A woman aged 66 buys a continuous life annuity which is scheduled to pay $1,000 per year beginning at age 81. Should she die before the annuity begins, her single benefit premium is to be refunded at the moment of death. Calculate her single benefit premium, given: a. 66 = 10; b. g1 = 6; C. 66:15| = 8.8 and d. 56 = 0.5 a. 1555 O b. 1795 c. 1710 d. 1604 e. 1875 A woman aged 66 buys a continuous life annuity which is scheduled to pay $1,000 per year beginning at age 81. Should she die before the annuity begins, her single benefit premium is to be refunded at the moment of death. Calculate her single benefit premium, given: a. 66 = 10; b. g1 = 6; C. 66:15| = 8.8 and d. 56 = 0.5 a. 1555 O b. 1795 c. 1710 d. 1604 e. 1875
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