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revAdmin (Created page with "For a fully discrete 30 payment whole life insurance of 1000 on (50) with level annual premiums of <math>16,{ }_{k} V</math> denotes the gross premium policy value at the end of year <math>k, k=0,1,2, \ldots</math>. The original valuation assumptions include: i) Mortality follows the Standard Ultimate Life Table ii) <math>i=0.05</math> iii) Premium taxes are <math>2 \%</math> iv) There are commissions and various other expenses Using the original valuation assumpti...")Jan 20'24 at 1:56+878