### Calculate on the basis of mortality table

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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

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