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| rev | Admin | (Created page with "Ten years ago <math>\mathrm{J}</math>, then age 25 , purchased a fully discrete 10 -payment whole life policy of 10,000 . All actuarial calculations for this policy were based on the following: (i) Mortality follows the Standard Ultimate Life Table (ii) <math>\quad i=0.05</math> (iii) The equivalence principle In addition: (i) <math>\quad L_{10}</math> is the present value of future losses random variable at time 10. (ii) At the end of policy year 10 , the interes...") | Jan 20'24 at 1:49 | +770 |