Question
Calculate the single risk premium (to 2 decimal places) to be charged today on an insurance product that pays regular claims of $750 in 1,2,3,,25
Calculate the single risk premium (to 2 decimal places) to be charged today on an insurance product that pays regular claims of $750 in 1,2,3,,25 years from today. Use an interest rate of 4% per annum.
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Design Of Cost Management Systems
Authors: Robin Cooper, Robert S. Kaplan
2nd Edition
0135704170, 978-0135704172
