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For a 30-year fully discrete term life insurance with face amount 1000 on (35), you are given: Premiums are calculated using the equivalence principle; Premiums

For a 30-year fully discrete term life insurance with face amount 1000 on (35), you are given: Premiums are calculated using the equivalence principle; Premiums are payable for 15 years; Mortality follows the Illustrative Life Table; i = 0.06 Calculate the annual net premium.

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