Exercise
ABy Admin
Nov 19'23
Answer
Solution: E
[[math]]
\begin{aligned}
& 30,000=P a_{\overline{120} \mid 0.0075} \\
& P=380.03 \\
& 33,000=380.03 a_{\overline{n} |0.0075} \\
& n=141
\end{aligned}
[[/math]]
Copyright 2023 . The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.