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For a fully discrete 3-year endowment insurance of 100 on (50), you are given: (i) The following double decrement table, where decrement d refers to death and decrement w refers to withdrawal: (m³P | pP 35 50 1000 51 945 20 25 25 52 895 30 (ii) There are no benefits upon withdrawal. (iii) i = 0.05 Calculate the annual net premium for this policy. А. 18 В. 22 С. 26 D. 30 Е. 34

For a fully discrete 3-year endowment insurance of 100 on (50), you are given: (i) The following double decrement table, where decrement d refers to death and decrement w refers to withdrawal: (m³P | pP 35 50 1000 51 945 20 25 25 52 895 30 (ii) There are no benefits upon withdrawal. (iii) i = 0.05 Calculate the annual net premium for this policy. А. 18 В. 22 С. 26 D. 30 Е. 34

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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For a fully discrete 3-year endowment insurance of 100 on (50), you are given: (i) The following double decrement table, where decrement d refers to death and decrement w refers to withdrawal: 50 1000 20 35 51 945 25 25 52 895 30 (ii) There are no benefits upon withdrawal. (iii) i = 0.05 Calculate the annual net premium for this policy. А. 18 В. 22 С. 26 D. 30 Е. 34
Transcribed Image Text:For a fully discrete 3-year endowment insurance of 100 on (50), you are given: (i) The following double decrement table, where decrement d refers to death and decrement w refers to withdrawal: 50 1000 20 35 51 945 25 25 52 895 30 (ii) There are no benefits upon withdrawal. (iii) i = 0.05 Calculate the annual net premium for this policy. А. 18 В. 22 С. 26 D. 30 Е. 34
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