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Exercise

ABy Admin
May 14'23

Answer

Key: D

At 250 the payment is 0. At 1000 the payment is 1000. Interpolating:

[[math]] \frac{700-250}{1000-250} = \frac{x-0}{1000-0} \Rightarrow x = 450(1000)750 = 600. [[/math]]

Copyright 2023. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.

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