3. Calculate the Net Single Premium (NSP) for 5 years Double Endowment policy of TK. 5000 at the age of 36 from the following table. Year Age Number of Number of PVIF @ Deaths Policyholders 4.37% 9480 1 2 36 25 37 26 3 38 28 4. 39 40 31

3. Calculate the Net Single Premium (NSP) for 5 years Double Endowment policy of TK. 5000 at the age of 36 from the following table. Year Age Number of Number of PVIF @ Deaths Policyholders 4.37% 9480 1 2 36 25 37 26 3 38 28 4. 39 40 31

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter9: The Basic Tools Of Finance

Section: Chapter Questions

Problem 6PA

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Question

3. Calculate the Net Single Premium (NSP) for 5 years Double Endowment policy of TK.
5000 at the age of 36 from the following table.
Year
Age
Number of
Number of
PVIF @
Deaths
Policyholders
9480
4.37%
1
36
25
2
37
26
3
38
28
4.
39
40
31

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