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To find the amount of the insurance premium, which must be paid to an insurance company by a person aged 55, at the beginning of
To find the amount of the insurance premium, which must be paid to an insurance company by a person aged 55, at the beginning of each year for 3 years, so that in case of temporary incapacity for work due to illness he receives a daily allowance of 100 Euros, or in case of permanent incapacity for work to receive an annual benefit of 1000 Euros, at the end of each year (permanent incapacity). Given:
\begin{tabular}{|c||c|c|c|c|c|c|} \hlinex & dx & nx & qx=qxa & qxi & pxqit & pxia \\ \hline 55 & 12.1212 & 0.1714 & 0.0076 & 0.0095 & 0.0347 & 0.05 \\ \hline 56 & 12.2283 & 0.1765 & 0.0085 & 0.0106 & 0.0363 & 0 \\ \hline 57 & 12.3364 & 0.1819 & 0.0094 & 0.0118 & 0.0380 & 0 \\ \hline 58 & 12.4454 & 0.1874 & 0.0104 & 0.0130 & 0.0398 & 0 \\ \hline \end{tabular} \begin{tabular}{|c||c|c|c|c|c|c|} \hlinex & dx & nx & qx=qxa & qxi & pxqit & pxia \\ \hline 55 & 12.1212 & 0.1714 & 0.0076 & 0.0095 & 0.0347 & 0.05 \\ \hline 56 & 12.2283 & 0.1765 & 0.0085 & 0.0106 & 0.0363 & 0 \\ \hline 57 & 12.3364 & 0.1819 & 0.0094 & 0.0118 & 0.0380 & 0 \\ \hline 58 & 12.4454 & 0.1874 & 0.0104 & 0.0130 & 0.0398 & 0 \\ \hline \end{tabular}Step by Step Solution
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