(10 points) A special fully discrete 3 -year endowment on
(x)
pays a death benefit of
1000t
in year
t,t=1,2,3
, and pays 2000 if the insured survives 3 years. You are given (i) Premiums are payable at the beginning of the first 2 years only. The premium in the second year is half the premium of the first year. (ii) \table[[Age,
q_(x)

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(10 points) A special fully discrete 3 -year endowment on

(x)

pays a death benefit of

1000t

in year

t,t=1,2,3

, and pays 2000 if the insured survives 3 years. You are given (i) Premiums are payable at the beginning of the first 2 years only. The premium in the second year is half the premium of the first year. (ii) \table[[Age,

q_(x)

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