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revAdmin (Created page with "For a fully discrete whole life insurance of 1000 on (60), you are given: i) Reserves are determined using a modified net premium reserve method ii) The modified reserve at the end of year 2 is 0 iii) Valuation premiums in years 3 and later are level iv) Mortality follows the Standard Ultimate Life Table v) <math>i=0.05</math> Calculate the modified net premium reserve at the end of year 5 . <ul class="mw-excansopts"><li> 58</li><li> 69</li><li> 79</li><li> 90</li>...")Jan 20'24 at 1:57+515