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 |

Publisher | : | - 1953 |

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