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| rev | Admin | (Created page with "For fully discrete whole life insurances of 1 issued on lives age 50 , the annual net premium, <math>P</math>, was calculated using the following: (i) <math>\quad q_{50}=0.0048</math> (ii) <math>\quad i=0.04</math> (iii) <math>\quad A_{51}=0.39788</math> A particular life has a first-year mortality rate 10 times the rate used to calculate <math>P</math>. The mortality rates for all other years are the same as the ones used to calculate <math>P</math>. Calculate the...") | Jan 19'24 at 0:47 | +697 |