Question: Please show work. :) 7. What is the net premium for a $1,000 face amount three-year term policy for a 50-year old male, assuming an

Please show work. :) 7. What is the net premium for aPlease show work. :)

7. What is the net premium for a $1,000 face amount three-year term policy for a 50-year old male, assuming an interest rate of 5 percent

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