New Problem Variation After Every 3 Tries A new variation will be generated after every 3 tries, until correct or tries limit is reached. For a special fully discrete two-year term insurance on Elizabeth, age 60, you are given: The following double decrement table, where decrement (d) is death and decrement (w) is withdrawal: (w) (d) 19x 9x 600.135 0.070 61 0.075 0.080 The death benefit is 1000 plus the return of premiums paid with interest at 4% at the end of the year of death. There are no withdrawal benefits. Annual premiums are calculated using the equivalence principle. 0.06 Calculate the annual premium Submit Answer Incorrect. Tries 26/1000 Previous Tries Post Discussion Send Feedback New Problem Variation After Every 3 Tries A new variation will be generated after every 3 tries, until correct or tries limit is reached. For a special fully discrete two-year term insurance on Elizabeth, age 60, you are given: The following double decrement table, where decrement (d) is death and decrement (w) is withdrawal: (w) (d) 19x 9x 600.135 0.070 61 0.075 0.080 The death benefit is 1000 plus the return of premiums paid with interest at 4% at the end of the year of death. There are no withdrawal benefits. Annual premiums are calculated using the equivalence principle. 0.06 Calculate the annual premium Submit Answer Incorrect. Tries 26/1000 Previous Tries Post Discussion Send Feedback