Question
For a fully continuous whole life insurance of 1000 on (40), you are given: (i) P40 = 0.5e-1/100 +0.5e-1/200 (ii) = 0.05 Calculate the
For a fully continuous whole life insurance of 1000 on (40), you are given: (i) P40 = 0.5e-1/100 +0.5e-1/200 (ii) = 0.05 Calculate the net premium. (B) 7.33 (A) 7.31 (C) 7.35 (D) 7.37 (E) 7.39
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The net premium is 733 The net premium is the sum of the P40 and 8 values which is 733 P40 05...Get Instant Access to Expert-Tailored Solutions
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Core Concepts of Accounting
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