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ial Risk & Insurance Consider the following information for a group of 100 million people: Alive Death Death benefit par customer 30 98,882,051 67.240 50,000

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ial Risk & Insurance Consider the following information for a group of 100 million people: Alive Death Death benefit par customer 30 98,882,051 67.240 50,000 31 98.814.811 72.135 50,000 32 98,742,676 76,032 50,000 33 98,666,644 80,907 50,000 34 98,585,737 86,755 50,000 What is amount of annual premium (for 5-years) per customer ignoring expenses, if interest earnings on premium collection is 547 [Calculate yearly premium, Discount the premium, then add all the 5-year premium; You need to calculate sum of yearly premiums and not single premium] ANSWER FORMAT [1234.56] Answer: Next page

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