Revision as of 00:42, 19 November 2023 by Admin (Created page with "'''Solution: C''' Payment equals: <math display = "block"> 10,000/{a}_{\overline{10}|0.08}=1,490.23 </math> Accumulated total equals: <math display = "block"> 1,490.29s_{\overline{{{10}}}|0.10}=23,751.46 </math> 23, 751.46 -10, 000 =13, 751.46 {{soacopyright | 2023 }}")
Exercise
ABy Admin
Nov 19'23
Answer
Solution: C
Payment equals:
[[math]]
10,000/{a}_{\overline{10}|0.08}=1,490.23
[[/math]]
Accumulated total equals:
[[math]]
1,490.29s_{\overline{{{10}}}|0.10}=23,751.46
[[/math]]
23, 751.46 -10, 000 =13, 751.46
Copyright 2023 . The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.