Revision as of 22:39, 19 November 2023 by Admin (Created page with "'''Solution: C''' <math display = "block">\begin{aligned} & P_A=350 a_{\overline{400} | 0.025}+1.1 P_A v^{40} \\ & P_A=8785.97+P_A(0.409674) \\ & P_A=14,883.24 \\ & R=1.1 P_A=16,371.57 \\ & 14,724.91=350 a_{\overline{m} |0.025}+16,371.57 v^m \\ & m=48 \\ & n=24\end{aligned}</math> {{soacopyright | 2023 }}")
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Exercise


ABy Admin
Nov 19'23

Answer

Solution: C

[[math]]\begin{aligned} & P_A=350 a_{\overline{400} | 0.025}+1.1 P_A v^{40} \\ & P_A=8785.97+P_A(0.409674) \\ & P_A=14,883.24 \\ & R=1.1 P_A=16,371.57 \\ & 14,724.91=350 a_{\overline{m} |0.025}+16,371.57 v^m \\ & m=48 \\ & n=24\end{aligned}[[/math]]

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

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