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| rev | Admin | (Created page with "'''Answer: A''' Let <math>B</math> be the amount of death benefit. <math>\mathrm{EPV}(</math> Premiums <math>)=500 \ddot{a}_{61}=500(14.6491)=7324.55</math> <math>\mathrm{EPV}(</math> Benefits <math>)=\mathrm{B} \cdot A_{61}=(0.30243) \mathrm{B}</math> <math>\operatorname{EPV}(</math> Expenses <math>)=(0.12)(500)+(0.03)(500) \ddot{a}_{61}=(0.12)(500)+(0.03)(7324.55)=279.74</math> <math>\mathrm{EPV}(</math> Premiums <math>)=\mathrm{EPV}(</math> Benefits <math>)+\math...") | Jan 19'24 at 21:35 | +662 |