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For a special fully discrete 10-payment whole life insurance on (30) with level annual benefit...

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For a special fully discrete 10-payment whole life insurance on (30) with level annual benefit premium P (G) The death benefit is equal to 1000 plus the refund, without interest, of the benefit premium paid. (ii) A -O.102 iv) La-0.078 (v)7.747 (a) Calculate the expected present value of death benefit in term of premium P. (6 pts.) (iii) Use the Equivalence Principle to calculate P (4 pts.) For a special fully discrete 10-payment whole life insurance on (30) with level annual benefit premium P (G) The death benefit is equal to 1000 plus the refund, without interest, of the benefit premium paid. (ii) A -O.102 iv) La-0.078 (v)7.747 (a) Calculate the expected present value of death benefit in term of premium P. (6 pts.) (iii) Use the Equivalence Principle to calculate P (4 pts.)

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