Find the present value of a 20-year pure endowment of $10, 000 to a person aged 32, on a 2 % basis. ... The 50-year old beneficiary of a life insurance policy for $12, 000 is to receive a 20-year temporary life annuity, the first payment due now.
|Title||:||Mathematics of finance|
|Author||:||Lloyd Leroy Smail|