Revision as of 02:11, 18 November 2023 by Admin (Created page with "'''Solution: A''' The current value for couch <math>\# 2</math> is <math>260=1500 e^{-0.1(4 / 12)}-X=1450.82-X \Rightarrow X=1190.82</math>. The current value for couch <math>\# 1</math> is <math>1500 e^{-0.1(6 / 12)}-1190.82 e^{0.1(2 / 12)}=1426.84-1210.83=216</math>. {{soacopyright | 2023 }}")
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Exercise


Nov 18'23

Answer

Solution: A

The current value for couch [math]\# 2[/math] is [math]260=1500 e^{-0.1(4 / 12)}-X=1450.82-X \Rightarrow X=1190.82[/math]. The current value for couch [math]\# 1[/math] is [math]1500 e^{-0.1(6 / 12)}-1190.82 e^{0.1(2 / 12)}=1426.84-1210.83=216[/math].

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

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