Revision as of 18:26, 25 July 2024 by Admin (Created page with "The midpoint of policy year 3 is the end of calendar year 3 and the midpoint of the forecasting period is the end of calendar year 5. Hence the trend factor equals 1.02 <sup>2 </sup> = '''1.0404'''.")
Exercise
ABy Admin
Jul 25'24
Answer
The midpoint of policy year 3 is the end of calendar year 3 and the midpoint of the forecasting period is the end of calendar year 5. Hence the trend factor equals 1.02 2 = 1.0404.