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Consider a 1 0 - year deferred fully continuous whole life annuity policy issued to a life ( 6 0 ) . The premium is
Consider a year deferred fully continuous whole life annuity policy issued to a life The
premium is payable at a constant rate continuously during the deferral period. The deferred
whole life annuity pays at an annual rate of You are given
i is the benefit reserve at time
ii Mortality follows De Moivre's law with
iii For
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