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An insurance is issued to (x) that (i) pays 10,000 at the end of 20 years if x is alive and (ii) returns the net
An insurance is issued to (x) that (i) pays 10,000 at the end of 20 years if x is alive and (ii) returns the net single premium P at the end of the year of death if (x) dies during the first 20 years. Express P using Cx, Dx, Mx, Nx notations.
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