Question: Answer Must Be all hand written QUESTION 2 (a) Based on a period life table, the probability that a typical Malaysian will survive the year

Answer Must Be all hand written

QUESTION 2 (a) Based on a period life table, the probability that a typical Malaysian will survive the year is 0.9966. An insurance company would like to sell an RM50,000 life term insurance policy. If the company wants an expected earning of RM80, determine the annual payment for the insurance policy

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