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revAdmin (Created page with "(80) purchases a whole life insurance policy of 100,000 . You are given: (i) The policy is priced with a select period of one year (ii) The select mortality rate equals <math>80 \%</math> of the mortality rate from the Standard Ultimate Life Table (iii) Ultimate mortality follows the Standard Ultimate Life Table (iv) <math>\quad i=0.05</math> Calculate the actuarial present value of the death benefits for this insurance <ul class="mw-excansopts"><li> 58,950</li><l...")Jan 18'24 at 3:40+565