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Mathematics, 02.12.2019 18:31 dylan3366

1. a person age 30 wishes to purchase a 20-year endowment policy with a benefit of $100,000. the premiums are fully continuous and the benefit is payable at the moment of death. assume that the force of interest is constant , and the net single premium for a 20-year endowment policy with a benefit of $1 payable at the moment of death for the same person is 0.125. determine the continuous net annual premium for this endowment.

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