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Calculate on the basis of mortality table

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Reference no: EM132443798

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

Reference no: EM132443798

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