excans:Bb6d9aebbd: Difference between revisions
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(Created page with "'''Solution: D''' Equate net present values: <math display = "block"> \begin{array}{c}{{-4000+2000\nu+4000\nu^{2}=2000+4000\nu-X\nu^{2}}}\\ {{\frac{4000+X}{1.1}=6000+\frac{2000}{1.1}}} \\ X= 5460. \end{array} </math> {{soacopyright | 2023 }}") |
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<math display = "block"> | <math display = "block"> | ||
\begin{array}{c}{{-4000+2000 | \begin{array}{c}{{-4000+2000 v+4000 v^{2}=2000+4000 v-X v^{2}}}\\ {{\frac{4000+X}{1.1}=6000+\frac{2000}{1.1}}} \\ | ||
X= 5460. | X= 5460. | ||
\end{array} | \end{array} | ||
Latest revision as of 11:30, 20 November 2023
Solution: D
Equate net present values:
[[math]]
\begin{array}{c}{{-4000+2000 v+4000 v^{2}=2000+4000 v-X v^{2}}}\\ {{\frac{4000+X}{1.1}=6000+\frac{2000}{1.1}}} \\
X= 5460.
\end{array}
[[/math]]
Copyright 2023 . The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.