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revAdmin (Created page with "For a special fully discrete whole life insurance on (40), you are given: (i) The death benefit is 1000 during the first 11 years and 5000 thereafter (ii) Expenses, payable at the beginning of the year, are 100 in year 1 and 10 in years 2 and later (iii) <math>\pi</math> is the level annual premium, determined using the equivalence principle (iv) <math>G=1.02 \times \pi</math> is the level annual gross premium (v) Mortality follows the Standard Ultimate Life Table...")Jan 20'24 at 1:10+752