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Mathematics, 06.01.2020 12:31 anishivaturi123
A50-year-old male purchased a 20-year endowment insurance policy at the age of 40.the face value of the policy was $85,000. he asks his insurance agent for a reduced paid up insurance nonforfeiture option. given the table below and the permanent insurance amount of $48.20 per thousand, determine the reduced paid up insurance value and the annual premium.
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A50-year-old male purchased a 20-year endowment insurance policy at the age of 40.the face value of...
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