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revAdmin (Created page with "For a whole life insurance of 1000 on (50), you are given: (i) The death benefit is payable at the end of the year of death (ii) Mortality follows the Standard Ultimate Life Table (iii) <math>i=0.04</math> in the first year, and <math>i=0.05</math> in subsequent years Calculate the actuarial present value of this insurance. <ul class="mw-excansopts"><li> 187</li><li> 189</li><li> 191</li><li> 193</li><li> 195</li></ul> {{soacopyright|2024}}")Jan 18'24 at 3:31+450