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= If 140 = 1000 and 140++ = 140 5t for t = 1, 2, ..., 10, calculate the expected present value of the endowment

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= If 140 = 1000 and 140++ = 140 5t for t = 1, 2, ..., 10, calculate the expected present value of the endowment assurance with sum assured 1, A40:10 at 6%pa interest. Answer: 0.5673

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