WA Questions

lundi 6 avril 2015

Questions 19 (b)

How do you know when to use the forward approximation or the backward approximation? In this question why SOA did not use the forward approximation?



Question 18 (c)

Why the solution the word present value PV is mentioned there? I thought you would have the PV after you discount the cash flows at 8%.



Question 11 (d)

Why do you assume the equivalence principle to determine the gross premium paid by life aged (41).





WA Questions

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