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For a fully discrete whole life insurance of b on (x), you are given: (i) 9x+9=0.02904 (ii) i=0.03 (iii) The initial net premium reserve
For a fully discrete whole life insurance of b on (x), you are given: (i) 9x+9=0.02904 (ii) i=0.03 (iii) The initial net premium reserve for policy year 10 is 343. (iv) The net amount at risk for policy year 10 is 872. (v) = 14.65976 Calculate the terminal net premium reserve for policy year 9. (A) 280 (B) 288 (C) 296 (D) 304 (E) 312
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
