Revision as of 19:22, 18 November 2023 by Admin (Created page with "'''Solution: B''' <math display = "block"> \begin{aligned} & 1,000,000(1.10)^{17}-P s_{\overline{180}| 0.10}=1,000,000 \\ & 5,054,470.285-P(45.59917)=1,000,000 \\ & 4,054,470.285=P(45.59917) \\ & P=88,915.43\end{aligned} </math> {{soacopyright | 2023 }}")
Exercise
ABy Admin
Nov 18'23
Answer
Solution: B
[[math]]
\begin{aligned} & 1,000,000(1.10)^{17}-P s_{\overline{180}| 0.10}=1,000,000 \\ & 5,054,470.285-P(45.59917)=1,000,000 \\ & 4,054,470.285=P(45.59917) \\ & P=88,915.43\end{aligned}
[[/math]]
Copyright 2023 . The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.