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Find the net single premium for a 10-year life annuity due of 25.000 per year (starting at the signature of the contract) issued to a
Find the net single premium for a 10-year life annuity due of 25.000 per year (starting at the signature of the contract) issued to a female at her 60th birthday, using an interest rate of 3.5%/year.
Mortality rate can be random. The point is the calculation, excluding any other (rates, numbers etc.) Just working with what is given.
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