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For a special fully discrete 2-year term insurance policy issued to (63), you are given: Mortality follows the SULT i = 3% The death benefit

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For a special fully discrete 2-year term insurance policy issued to (63), you are given: Mortality follows the SULT i = 3% The death benefit is $500 plus a return of all premiums paid without interest. Premiums are calculated based on the actuarial equivalence principle. Calculate the net annual premium for this policy, For a special fully discrete 2-year term insurance policy issued to (63), you are given: Mortality follows the SULT i = 3% The death benefit is $500 plus a return of all premiums paid without interest. Premiums are calculated based on the actuarial equivalence principle. Calculate the net annual premium for this policy

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