.8 The force of mortality is a constant 0.04 and the force of interest is a constant 0.06. A term insurance policy has a level death benefit of 1 payable at the moment of death if this occurs within 40 years. Level annual premiums are payable continuously for 20

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8.8 The force of mortality is a constant 0.04 and the force of interest is a constant 0.06. A
term insurance policy has a level death benefit of 1 payable at the moment of death if
this occurs within 40 years. Level annual premiums are payable continuously for 20
years at the annual rate of of T. Find (a) î, (b) 10 V.
Transcribed Image Text:8.8 The force of mortality is a constant 0.04 and the force of interest is a constant 0.06. A term insurance policy has a level death benefit of 1 payable at the moment of death if this occurs within 40 years. Level annual premiums are payable continuously for 20 years at the annual rate of of T. Find (a) î, (b) 10 V.
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