👤

For a fully continuous whole life insurance on (40), you are given:
(i) The level annual premium is 66, payable for the first 20 years.
(ii) The death benefit is 2000 for the first 20 years and 1000 thereafter.
(iii) \delta = 0:06:
(iv) 1000\bar{A}50 = 333.33.
(v) 1000\bar{A}150:10 = 197.81.
(vi) 100010E50 = 406.57.
Calculate 10\bar{V}, the benefit reserve for this insurance at time 10.
The correct answer is 95.96.