Question: Answer is C For a level annual premium 2-year term insurance on (50) with death benefit S payable at the end of the year of

Answer is C For a level annual premium 2-year term insurance

Answer is C

For a level annual premium 2-year term insurance on (50) with death benefit S payable at the end of the year of death, you are given: (i) P5o = 0.96 (ii) P51 = 0.97 (iii) The annual benefit premium is 817. (iv) i = 0.08 (v) Deaths are uniformly distributed between integral ages. Determine the benefit premium payable quarterly for the same death benefit S. A. 200 B. 206 C. 213 D. 824 E. 851 For a level annual premium 2-year term insurance on (50) with death benefit S payable at the end of the year of death, you are given: (i) P5o = 0.96 (ii) P51 = 0.97 (iii) The annual benefit premium is 817. (iv) i = 0.08 (v) Deaths are uniformly distributed between integral ages. Determine the benefit premium payable quarterly for the same death benefit S. A. 200 B. 206 C. 213 D. 824 E. 851

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