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For a whole life insurance of 1 on (45): (1) Level net premiums are payable annually at the beginning of each year for the first

For a whole life insurance of 1 on (45):

(1) Level net premiums are payable annually at the beginning of each year for the first 10 years.

(2) Benefits are paid at the end of the year of death.

(3)i= 0.05

(4) Mortality follows the SULT.

Calculate the annual net premium.

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