Revision as of 00:57, 18 November 2023 by Admin (Created page with "'''Solution: B''' Assuming the loss of interest is the loss of the last 9 months interest: <math display = "block"> \begin{aligned} & (1.08)^{3-0.75}=(1.08)^{2.25}=1.189=(1+j)^3 \\ & j=5.94 \% \end{aligned} </math> {{soacopyright | 2023 }}")
Exercise
ABy Admin
Nov 18'23
Answer
Solution: B
Assuming the loss of interest is the loss of the last 9 months interest:
[[math]]
\begin{aligned}
& (1.08)^{3-0.75}=(1.08)^{2.25}=1.189=(1+j)^3 \\
& j=5.94 \%
\end{aligned}
[[/math]]
Copyright 2023 . The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.