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Use the following information for this question: You are given i-5% and the following values: x sEx 45 50 10Ex 20E 0.60655 0.35994 17.8162
Use the following information for this question: You are given i-5% and the following values: x sEx 45 50 10Ex 20E 0.60655 0.35994 17.8162 8.0751 0.60182 0.34824 17.0245 8.0550 55 0.77382 0.59342 0.32819 16.0599 8.0192 60 0.76687 0.57864 0.29508 14.9041 7.9555 65 13.5498 A whole life annuity is purchased by (45) with the following annual payments, first payment at age 45: $18,000 for the first 10 years $15,000 for the next 10 years $12,000 thereafter What the net single premium (NSP) for this policy? (answer to nearest dollar) A. $276,838 B. $262,246 C. $316,936
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