For a fully discrete whole life insurance of b on (x), you are given: (i) 9+9= 0.02904 (ii) i=0.03 (iii) The initial net premium reserve for policy year 10 is 343. (iv) The net amount at risk for policy year 10 is 872. (v) ä 14.65976 Calculate the terminal net premium reserve for policy year 9. (A) 280 (B) 288 (C) 296 (D) 304 (E) 312 =
For a fully discrete whole life insurance of b on (x), you are given: (i) 9+9= 0.02904 (ii) i=0.03 (iii) The initial net premium reserve for policy year 10 is 343. (iv) The net amount at risk for policy year 10 is 872. (v) ä 14.65976 Calculate the terminal net premium reserve for policy year 9. (A) 280 (B) 288 (C) 296 (D) 304 (E) 312 =
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 2E
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