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Q 1 : For a special single premium 3 - year endowment insurance on ( x ) , you are given: ( i ) Death

Q1: For a special single premium 3-year endowment insurance on (x), you are given:
(i) Death benefits, payable at the end of the year of death are: b1=4500,b2=2000,b3=1500.
(ii) The maturity benefit is 1000.
(iii)=0.05,x+t=0.03,t0.
Calculate the single premium using E.P.
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