To Level a Net Single Premium (NSP),the NSP Is Divided

question 7

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.

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