⧼exchistory⧽
 
 
Jan 15'24

You are given

[[math]]{ }_{t} q_{0}=\frac{t^{2}}{10,000}[[/math]]

for [math]0 \lt t \lt 100[/math].

Calculate [math]\stackrel{\circ}{e}_{75:\overline{10|}}[/math].

  • 6.6
  • 7.0
  • 7.4
  • 7.8
  • 8.2

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

Jan 15'24

You are given:

i) [math]\mu_{x+t}=\beta t^{2}, t \geq 0[/math]

ii) [math]l_{x}=1000[/math]

iii) [math]l_{x+10}=400[/math]

Calculate [math]1000 \beta[/math].

  • 2.75
  • 2.80
  • 2.85
  • 2.90
  • 2.95

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

Jan 16'24

For the country of Bienna, you are given:

(i) Bienna publishes mortality rates in biennial form, that is, mortality rates are of the form:

[[math]] { }_{2} q_{2 x}, \text { for } x=0,1,2, \ldots [[/math]]


(ii) Deaths are assumed to be uniformly distributed between ages [math]2 x[/math] and [math]2 x+2[/math], for [math]x=0,1,2, \ldots[/math]

(iii) [math]{ }_{2} q_{50}=0.02[/math]

(iv) [math]{ }_{2} q_{52}=0.04[/math]

Calculate the probability that (50) dies during the next 2.5 years.

  • 0.02
  • 0.03
  • 0.04
  • 0.05
  • 0.06

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

Dec 09'25

You are given the survival function [math]S(x)[/math] which is defined as:

[[math]]S(x) = 1 - \frac{x}{100} - 0.0005x^2 \quad \text{for } 0 \le x \le 50[[/math]]

And [math]S(x) = 0[/math] for [math]x \gt 50[/math].

Calculate the complete expected temporary life expectancy [math]\stackrel{\circ}{e}_{10:\overline{20|}}[/math] for an individual currently aged 10, measured over a future term of 20 years.

  • 6.27
  • 8.62
  • 11.66
  • 13.72
  • 18.23
Dec 13'25

A life insurance calculation requires a constant force of mortality, [math]\mu[/math], to be applied over a continuous two-year interval.

You are given that the probability of a person dying between time [math]t=0.2[/math] and time [math]t=1.4[/math] (a duration of 1.2 years) is stipulated to be:

[[math]]_{0.2|1.2}q_{70} = 0.152[[/math]]

Determine the constant rate of mortality [math]\mu[/math]

  • 0.0831
  • 0.1267
  • 0.138
  • 0.407
  • 0.81
Dec 16'25

For the country of Triennia, you are given:

(i) Triennia publishes mortality rates in triennial form, that is, mortality rates are of the form:

[[math]] { }_{3} q_{3 x}, \text { for } x=0,1,2, \ldots [[/math]]

(ii) Deaths are assumed to be uniformly distributed between ages [math]3 x[/math] and [math]3 x+3[/math], for [math]x=0,1,2, \ldots[/math]

(iii) [math]{ }_{3} q_{48}=0.03[/math]

(iv) [math]{ }_{3} q_{51}=0.06[/math]

Calculate the probability that (48) dies during the next 4 years.

  • 0.03
  • 0.04
  • 0.0494
  • 0.06
  • 0.09
Jan 16'24

The SULT Club has 4000 members all age 25 with independent future lifetimes. The mortality for each member follows the Standard Ultimate Life Table.

Calculate the largest integer [math]N[/math], using the normal approximation, such that the probability that there are at least [math]N[/math] survivors at age 95 is at least [math]90 \%[/math].

  • 800
  • 815
  • 830
  • 845
  • 860

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

Jan 16'24

You are given the following extract from a table with a 3-year select period:

[math]x[/math] [math]q_{[x]}[/math] [math]q_{[x]+1}[/math] [math]q_{[x]+2}[/math] [math]q_{x+3}[/math] [math]x+3[/math]
60 0.09 0.11 0.13 0.15 63
61 0.10 0.12 0.14 0.16 64
62 0.11 0.13 0.15 0.17 65
63 0.12 0.14 0.16 0.18 66
64 0.13 0.15 0.17 0.19 67

[math]e_{64}=5.10[/math]

Calculate [math]e_{[61]}[/math].

  • 5.30
  • 5.39
  • 5.68
  • 5.85
  • 6.00

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

Jan 16'24

For a mortality table with a select period of two years, you are given:

[math]x[/math] [math]q_{[x]}[/math] [math]q_{[x]+1}[/math] [math]q_{x+2}[/math] [math]x+2[/math]
50 0.0050 0.0063 0.0080 52
51 0.0060 0.0073 0.0090 53
52 0.0070 0.0083 0.0100 54
53 0.0080 0.0093 0.0110 55


The force of mortality is constant between integral ages.

Calculate [math]1000_{2.5} q_{[50]+0.4}[/math].

  • 15.2
  • 16.4
  • 17.7
  • 19.0
  • 20.2

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

Jan 16'24

A club is established with 2000 members, 1000 of exact age 35 and 1000 of exact age 45 . You are given:

(i) Mortality follows the Standard Ultimate Life Table

(ii) Future lifetimes are independent

(iii) [math] N[/math] is the random variable for the number of members still alive 40 years after the club is established

Using the normal approximation, without the continuity correction, calculate the smallest [math]n[/math] such that [math]\operatorname{Pr}(N \geq n) \leq 0.05[/math].

  • 1500
  • 1505
  • 1510
  • 1515
  • 1520

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