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| rev | Admin | (Created page with "For a fully discrete whole life insurance of 1000 on a select life [70], you are given: (i) Ultimate mortality follows the Standard Ultimate Life Table (ii) During the three-year select period, <math>q_{[x]+k}=(0.7+0.1 k) q_{x+k}, k=0,1,2</math> (iii) <math>\quad i=0.05</math> (iv) The net premium for this insurance is 35.168 Calculate <math>{ }_{1} V</math>, the net premium policy value at the end of year 1 for this insurance. <ul class="mw-excansopts"><li> 25.25<...") | Jan 20'24 at 1:13 | +567 |