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(GPS) Fred is 50 years old today and is interested in buying a continuously payable lO-year pay whole life insurance (i.e., he will pay his

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(GPS) Fred is 50 years old today and is interested in buying a continuously payable lO-year pay whole life insurance (i.e., he will pay his premium continuously for the next 10 years or until he dies, whichever comes rst). At the moment of death he will receive 1000. Calculate the benet premium using the equivalence principle for this insurance. You are given the following: a) 550:133 b) m=11.1 c) 1450:0249 d) 101750 = 0-92

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