Question: # Risk Management The net single premium for five years term policy at age 35 is $4.87 ( 2001 Cso table, female lives 4 percent

# Risk Management

The net single premium for five years term policy at age 35 is $4.87 ( 2001 Cso table, female lives 4 percent interest assumption). Why we can not compute the annual premiums for a five years term policy by dividing $4.87 by 5 ?

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