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| rev | Admin | (Created page with "For a special fully discrete 2 -year term insurance on <math>(x)</math>, you are given: (i) <math>q_{x}=0.01</math> (ii) <math>\quad q_{x+1}=0.02</math> (iii) <math>\quad i=0.05</math> (iv) The death benefit in the first year is 100,000 (v) Both the benefits and premiums increase by <math>1 \%</math> in the second year Calculate the annual net premium in the first year. <ul class="mw-excansopts"><li> 1410</li><li> 1417<li> 1424<li> 1431<li> 1438</ul> {{soacopyrigh...") | Jan 19'24 at 2:02 | +483 |