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  3. a 55-year old buys a continuous increasing whole l

A 55-year old buys a continuous increasing whole life insurance. The benefit payable at the moment...

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Advance Math

A 55-year old buys a continuous increasing whole life insurance.The benefit payable at the moment of death (time t) is equal tobt=1000t.

Mortality is DeMoivre, with ?=100;?=0.06

Find the Net Single Premium of this insurance.

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