Show transcribed image text An insurance sold to (50) has a benefit of $1,000 payable at year end for curtate years K(50) = 0,1, the insured survives to (60) the benefit is tripled to $3,000 for the remaining life of the insured. Premiums are level and paid at the beginning of each year of the insured's lifetime. Use the Illustrative Life Table to find (a) the premium π, and (b) the reserve at age 58, sV. 5, ,9. If
An insurance sold to (50) has a benefit of $1,000 payable at year end for curtate years K(50) = 0,1, the insured survives to (60) the benefit is tripled to $3,000 for the remaining life of the insured. Premiums are level and paid at the beginning of each year of the insured's lifetime. Use the Illustrative Life Table to find (a) the premium π, and (b) the reserve at age 58, sV. 5, ,9. If
