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| rev | Admin | (Created page with "'''Answer: A''' This first solution recognizes that the full preliminary term reserve at the end of year 10 for a 30 year endowment insurance on (40) is the same as the net premium policy value at the end of year 9 for a 29 year endowment insurance on (41). Then, using superscripts of FPT for full preliminary term reserve and NLP for net premium policy value to distinguish the symbols, we have <math <math display="block"> \begin{aligned} 1000_{10} V^{F P T} & =1000_{...") | Jan 20'24 at 3:02 | +2,246 |