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revAdmin (Created page with "For a 40 -year endowment insurance of 10,000 issued to (25), you are given: (i) <math>\quad i=0.04</math> (ii) <math>\quad p_{25}=0.995</math> (iii) <math>\quad \ddot{a}_{25: \overline{20}}=11.087</math> (iv) <math>\quad \ddot{a}_{25: 40}=16.645</math> (v) The annual level net premium is 216 (vi) A modified net premium reserving method is used for this policy, where the valuation premiums are: - A first year premium equal to the first year net cost of insurance, -...")Jan 20'24 at 1:36+727