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<ul class="mw-excansopts"><li> 3810</li><li> 3820</li><li>3830</li><li> 3840</li><li> 3850</li></ul>
<ul class="mw-excansopts"><li> 3810</li><li> 3820</li><li>3830</li><li> 3840</li><li> 3850</li></ul>
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Latest revision as of 01:34, 18 January 2024

A father-son club has 4000 members, 2000 of which are age 20 and the other 2000 are age 45. In 25 years, the members of the club intend to hold a reunion.

You are given:

(i) All lives have independent future lifetimes.

(ii) Mortality follows the Standard Ultimate Life Table.

Using the normal approximation, without the continuity correction, calculate the [math]99^{\text {th }}[/math] percentile of the number of surviving members at the time of the reunion.

  • 3810
  • 3820
  • 3830
  • 3840
  • 3850

Copyright 2024. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.