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5. You are given: (i) Premiums are calculated using the equivalence principle. u= 10.02 0 15 (iii) 8 = 0.06 Calculate the annual net premium

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5. You are given: (i) Premiums are calculated using the equivalence principle. u= 10.02 0 15 (iii) 8 = 0.06 Calculate the annual net premium for a fully continuous whole life insurance. [2 marks] 5. You are given: (i) Premiums are calculated using the equivalence principle. u= 10.02 0 15 (iii) 8 = 0.06 Calculate the annual net premium for a fully continuous whole life insurance. [2 marks]

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