Hi,
How you guys deal with written answer questions asking for the profit signature for few years?
I find there are many calculations needed before you get the answers.
i.e. For each year we need: beginning reserve, premium, expense, interest, EDB, ESB, expected end reserve, profit vector, profit signature
I like drawing table and fill in value for each component that make up profit signature. But i feel it is still not fast enough.
Is there a good way to calculate it fast and accurate?
Also, do we need to show the formula on how we calculate each component?
Thanks!
How you guys deal with written answer questions asking for the profit signature for few years?
I find there are many calculations needed before you get the answers.
i.e. For each year we need: beginning reserve, premium, expense, interest, EDB, ESB, expected end reserve, profit vector, profit signature
I like drawing table and fill in value for each component that make up profit signature. But i feel it is still not fast enough.
Is there a good way to calculate it fast and accurate?
Also, do we need to show the formula on how we calculate each component?
Thanks!
Profit Testing Questions Do in Fast Way
