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 =

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For a fully discrete whole life insurance of b on (x), you are given:
(i) 9x+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
Transcribed Image Text:For a fully discrete whole life insurance of b on (x), you are given: (i) 9x+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
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