hi, this might be a silly question, BUT, how do they just use a premium of 330.05 in the answer? do they just skip that step? Thanks for your help, Antje
yes Yes, premium was calculated in an examples under Premiums section- explained in the beginning of the chapter with same parametres.... Age: 30 10 Year Term Assurance Benefit Sum Assured: 500,000 Basis: AM92 Ultimate Mortality, 4% interest. I have 2008 material...in which that example is on page-6, and the question you referred to is 5.8 in my notes... hope this helps... Thanks, Raj
