Revision as of 11:48, 20 November 2023 by Admin (Created page with "'''Solution: A''' <math display = "block"> \begin{array}{l}{{\overline{{{v}}}=\frac{7.959}{1.072}=7.425}}\\ {{P(0.08)=P(0.072)\bigl[1-(\Delta i)\overline{{{v}}}\bigr]}}\\ {{P(0.08)=1000\bigl[1-(0.008)(7.425)\bigr]=940.60}}\end{array} </math> {{soacopyright | 2023 }}")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Exercise


Nov 20'23

Answer

Solution: A

[[math]] \begin{array}{l}{{\overline{{{v}}}=\frac{7.959}{1.072}=7.425}}\\ {{P(0.08)=P(0.072)\bigl[1-(\Delta i)\overline{{{v}}}\bigr]}}\\ {{P(0.08)=1000\bigl[1-(0.008)(7.425)\bigr]=940.60}}\end{array} [[/math]]

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

00