Revision as of 00:22, 22 November 2023 by Admin (Created page with "'''Solution: D''' pv = 35000, i = .08 for first 7 years <math display = "block"> \begin{aligned} & 35000=4000\left[\mathrm{a}_{\overline{7}|0.08}+\mathrm{v}_{.08}{ }^7 \mathrm{a}_{\overline{9} \mid \mathrm{x}}\right] \\ & 8.75=\mathrm{a}_{\overline{7}|0.08}+\mathrm{v}_{.08} \mathrm{a}_{\overline{9} \mid \mathrm{x}} \\ & 6.073=\mathrm{a}_{\overline{9} \mid \mathrm{x}} \\ & \mathrm{i}=.0868\end{aligned} </math> {{cite web |url=https://digitalcommons.calpoly.edu/cgi/vie...")
Exercise
ABy Admin
Nov 22'23
Answer
Solution: D
pv = 35000, i = .08 for first 7 years
[[math]]
\begin{aligned} & 35000=4000\left[\mathrm{a}_{\overline{7}|0.08}+\mathrm{v}_{.08}{ }^7 \mathrm{a}_{\overline{9} \mid \mathrm{x}}\right] \\ & 8.75=\mathrm{a}_{\overline{7}|0.08}+\mathrm{v}_{.08} \mathrm{a}_{\overline{9} \mid \mathrm{x}} \\ & 6.073=\mathrm{a}_{\overline{9} \mid \mathrm{x}} \\ & \mathrm{i}=.0868\end{aligned}
[[/math]]
Hardiek, Aaron (June 2010). "Study Questions for Actuarial Exam 2/FM". digitalcommons.calpoly.edu. Retrieved November 20, 2023.