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Question 5. [10 marks] Consider a $50,000 whole life insurance policy issued to a male aged 94, assuming r=9% (a) Find the net single premium

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Question 5. [10 marks] Consider a $50,000 whole life insurance policy issued to a male aged 94, assuming r=9% (a) Find the net single premium of this policy. (b) Find the net annual premium of this policy

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