Question: I'll give a good rating for a quick and correct response! For a fully discrete whole life insurance of 1 Issued to (50), the annual

I'll give a good rating for a quick and correct response!

For a fully discrete whole life insurance of 1 Issued to (50), the annual benefit premium, P, was calculated using the following: 950 = .0048 i = 0.04 As1 = 0.39788 A particular life has a first year mortality rate 10 times the rate used to calculate P. The mortality rates for all other years are the same as the ones used to calculate P. Calculate the expected present value of the loss at issue random variable for this life, based on the premium P

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