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| rev | Admin | (Created page with "For a whole life insurance of 10,000 on <math>(x)</math>, you are given: (i) Death benefits are payable at the end of the year of death (ii) A premium of 30 is payable at the start of each month (iii) Commissions are <math>5 \%</math> of each premium (iv) Expenses of 100 are payable at the start of each year (v) <math>\quad i=0.05</math> (vi) <math>\quad 1000 A_{x+10}=400</math> (vii) <math>{ }_{10} \mathrm{~V}</math> is the gross premium policy value at the end o...") | Jan 20'24 at 1:12 | +713 |