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| rev | Admin | (Created page with "'''Answer: D''' Let <math>k</math> be the policy year, so that the mortality rate during that year is <math>q_{30+k-1}</math>. The objective is to determine the smallest value of <math>k</math> such that <math>v^{k-1}\left({ }_{k-1} p_{30}\right)\left(1000 P_{30}\right) < v^{k}\left({ }_{k-1} p_{30}\right) q_{30+k-1}(1000)</math> <math>P_{30} < v q_{30+k-1}</math> <math>\frac{0.07698}{19.3834}<\frac{q_{29+k}}{1.05}</math> <math>q_{29+k}>0.00417</math> <math>29+k>61...") | Jan 19'24 at 20:12 | +586 |