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Exercise


ABy Admin
Nov 18'23

Answer

Solution: E

[[math]]P V=100\left[\frac{1-\left(\frac{1.15}{1.05}\right)^{10}}{0.05-0.15}\right]=1483.62[[/math]]

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

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