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A person aged 30 buys a whole life insurance policy with the following death benefits: SO if death occurs between age 30 and 40, $15,000 if death occurs between age 40 to 50, $35,000 if death occurs between age 50 to 65 $10,000 if death occurs after 65 Which of the following would give the correct net single premium for this policy? (I) 10,000A30 + 25,000A 30:35 15,000A + 35,00020|A0151 + 10,00035|A30 20,000A! 30-201- 0-101 30.10 (II) 15,000,10|A 30:10 30:15 A. (I) only O B. Both C. (II) only D. Neither

A person aged 30 buys a whole life insurance policy with the following death benefits: SO if death occurs between age 30 and 40, $15,000 if death occurs between age 40 to 50, $35,000 if death occurs between age 50 to 65 $10,000 if death occurs after 65 Which of the following would give the correct net single premium for this policy? (I) 10,000A30 + 25,000A 30:35 15,000A + 35,00020|A0151 + 10,00035|A30 20,000A! 30-201- 0-101 30.10 (II) 15,000,10|A 30:10 30:15 A. (I) only O B. Both C. (II) only D. Neither

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A person aged 30 buys a whole life insurance policy with the following death benefits: SO if death occurs between age 30 and 40, $15,000 if death occurs between age 40 to 50, $35,000 if death occurs between age 50 to 65 $10,000 if death occurs after 65 Which of the following would give the correct net single premium for this policy? (I) 10,000A30 + 25,000A 30:35 20,000A 30:201 15,000A 15,000101A30:101 + 35,00020|A 30.101 + 10,000 35|A30 (II) 30:15] O A. (1) only B. Both C. (II) only D. Neither
Transcribed Image Text:A person aged 30 buys a whole life insurance policy with the following death benefits: SO if death occurs between age 30 and 40, $15,000 if death occurs between age 40 to 50, $35,000 if death occurs between age 50 to 65 $10,000 if death occurs after 65 Which of the following would give the correct net single premium for this policy? (I) 10,000A30 + 25,000A 30:35 20,000A 30:201 15,000A 15,000101A30:101 + 35,00020|A 30.101 + 10,000 35|A30 (II) 30:15] O A. (1) only B. Both C. (II) only D. Neither
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