Multiple Choice
To level a net single premium (NSP) ,the NSP is divided by
A) the maximum number of years the premium could be paid.
B) the ordinary life annuity factor for the premium payment period.
C) the present value of a life annuity due of $1 for the premium payment period.
D) the deferred life annuity factor for the premium payment period.
Correct Answer:
Verified
Correct Answer:
Verified
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