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| rev | Admin | (Created page with "For a fully discrete whole life insurance of 100,000 on (60), you are given: i) Reserves are determined using a modified net premium reserve method ii) The modified net premium reserve at the end of year 2 is 0 iii) Valuation premiums in years 3 and later are level iv) Mortality follows the Standard Ultimate Life Table v) <math>i=0.05</math> Calculate the valuation premium for year 5 . <ul class="mw-excansopts"><li> 1,950</li><li> 2,050</li><li> 2,120</li><li> 2,19...") | Jan 20'24 at 1:55 | +524 |