SOA Exam FAM Sample Question 2.13
Study guide: Exam FAM
You are given:
i) The Standard Ultimate Life Table follows Makeham's law with parameters A^{SULT}, B^{SULT}, and c^{SULT}.
ii) Mortality follows Makeham's law with parameters A = 1.035A^{SULT} + 0.01, B = 1.035B^{SULT}, c = c^{SULT}.
Calculate _{4}q_{89}.
- A) 0.34
- B) 0.35
- C) 0.38
- D) 0.40
- E) 0.44
Answer this question and see the worked solution