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Exercise


Jan 16'24

Answer

Answer: D

[math]e_{[61]}=e_{[61]: 37}+{ }_{3} p_{[61]}\left(e_{64}\right)[/math]

[math]p_{[61]}=0.90[/math],

[math]{ }_{2} p_{[61]}=0.9(0.88)=0.792[/math],

[math]{ }_{3} p_{[61]}=0.792(0.86)=0.68112[/math]

[math]e_{[61]: 3]}=\sum_{k=1}^{3}{ }_{k} p_{[61]}=0.9+0.792+0.68112=2.37312[/math]

[math]e_{[61]}=2.37312+0.68112 e_{64}=2.37312+0.68112(5.10)=5.847[/math]

Copyright 2024. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.

Copyright 2024. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.

Copyright 2024. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.

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