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Below is an excerpt from a 2-year select life table. Assuming an effective rate of interest of 5.26%, calculate the net single premium for a
Below is an excerpt from a 2-year select life table. Assuming an effective rate of interest of 5.26%, calculate the net single premium for a 3-year term insurance of 1000000 issued to an individual selected at the age of 25, payable at the end of year of death. X [ x ] x ]+1 1x + 2 25 15, 930 15, 668 15, 286 26 15, 508 15, 224 14, 816 27 15, 050 14, 744 14, 310
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