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revAdmin (Created page with "For a special fully discrete 3 -year term insurance on (75), you are given: (i) The death benefit during the first two years is the sum of the net premiums paid without interest (ii) The death benefit in the third year is 10,000 (iii) {| class="table table-bordered" ! <math>x</math> !! <math>p_{x}</math> |- | 75 || 0.90 |- | 76 || 0.88 |- | 77 || 0.85 |} (iv) <math>\quad i=0.04</math> Calculate the annual net premium. <ul class="mw-excansopts"><li> 449</li><li> 45...")Jan 19'24 at 1:41+548