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Exercise


ABy Admin
Nov 18'23

Answer

Solution: A

[[math]]\begin{aligned} & 5.5554=\frac{1-\left(\frac{1}{1.0614}\right)^n}{0.0614} \\ & n=7\end{aligned}[[/math]]

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

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