An adjusted endowment insurance for a period of 35 years is issued to a person who is 25 years old with the following co

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answerhappygod
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An adjusted endowment insurance for a period of 35 years is issued to a person who is 25 years old with the following co

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An adjusted endowment insurance for a period of 35 years isissued to a person who is 25 years old with the followingconditions:
1. Annual premium payment for 10 years
2. If he dies within the insurance period, the compensation isRp. 100,000,000,-
3. If he lives to a period of 35 years then every beginning ofyear getspayment of Rp. 2.500.000,- in the first year, Rp. 2.000.000,- inthe second year, Rp.1,500,000,- in the third year, Rp. 1,000,000,- from the 4th yearonwards.
Calculate the annual net premium and the monthly premium
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