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Problem 4 For a special fully discrete whole life insurance issued to (45], you are given: The death benet is $2,000 plus the return of
Problem 4 For a special fully discrete whole life insurance issued to (45], you are given: The death benet is $2,000 plus the return of all premiums paid without interest. 1' = 0.05 (IA)45 = 8.568 Based on the Equivalence Principle, the level annual premium for this insurance is equal to $72982. Calculate (145
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