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| rev | Admin | (Created page with "For a special fully discrete whole life insurance policy of 1000 on (90), you are given: (i) The first year premium is 0 (ii) <math>\quad P</math> is the renewal premium (iii) Mortality follows the Standard Ultimate Life Table (iv) <math>\quad i=0.05</math> (v) Premiums are calculated using the equivalence principle Calculate <math>P</math>. <ul class="mw-excansopts"><li> 150</li><li> 160<li> 170<li> 180<li> 190</ul> {{soacopyright|2024}}") | Jan 19'24 at 1:50 | +450 |