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Exercise


Nov 20'23

Answer

Solution: B

[[math]] \begin{aligned} & 9297=P a_{20.05} \\ & P=5000 \\ & \frac{5000}{1.05^2}=4535.12 \end{aligned} [[/math]]

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

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