Calculate on the basis of mortality table given below.Net annual premium at 5% rate of interest for a five years term insurance for $1000 effective at the age of 60 years:-
Age -------Number of Living --------Number of Dying
60 1000 20
61 980 2
62 958 25
63 933 33
64 900 40
65 860 45
The answer to the question is available in the PDF file https://www.assignmentexpert.com/https://www.assignmentexpert.com/homework-answers/management-answer-54399.pdf
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
APPROVED BY CLIENTS
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Comments
Leave a comment