27 Dec Dr Lin, aged 35, takes out a pure endowment policy, which will pay a survival benefit of ?60,000 if he survives to age 55. Assume an effective interest rate of 4% per annum and mortali
Dr Lin, aged 35, takes out a pure endowment policy, which will pay a survival benefit of £60,000 if he survives to age 55. Assume an effective interest rate of 4% per annum and mortality given by the AMC00 Select Table. (a) What is...