Revision as of 21:21, 19 January 2024 by Admin (Created page with "'''Answer: D''' EPV <math>(</math> Premiums <math>)=P a_{90}=P\left(\ddot{a}_{90}-1\right)=(4.1835) P</math> <math>\operatorname{EPV}(</math> Benefits <math>)=1000 A_{90}=1000(0.75317)=753.17</math> Therefore, <math display="block"> P=\frac{753.17}{4.1835}=180.03 </math> {{soacopyright|2024}}")
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Exercise


ABy Admin
Jan 19'24

Answer

Answer: D

EPV [math]([/math] Premiums [math])=P a_{90}=P\left(\ddot{a}_{90}-1\right)=(4.1835) P[/math]

[math]\operatorname{EPV}([/math] Benefits [math])=1000 A_{90}=1000(0.75317)=753.17[/math]

Therefore,

[[math]] P=\frac{753.17}{4.1835}=180.03 [[/math]]

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

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