SOA Exam FAM Sample Question 3.1
Study guide: Exam FAM
You are given:
(i) An excerpt from a select and ultimate life table with a select period of 3 years:
x |
l_{[x]} |
l_{[x]+1} |
l_{[x]+2} |
l_{x+3} |
x+3 |
|---|---|---|---|---|---|
| 60 | 80,000 | 79,000 | 77,000 | 74,000 | 63 |
| 61 | 78,000 | 76,000 | 73,000 | 70,000 | 64 |
| 62 | 75,000 | 72,000 | 69,000 | 67,000 | 65 |
| 63 | 71,000 | 68,000 | 66,000 | 65,000 | 66 |
(ii) Deaths follow a constant force of mortality over each year of age
Calculate 1000\;{}_{2|3}q_{[60]+0.75}.
[Question 2 on the Fall 2012 exam]
- A) 104
- B) 117
- C) 122
- D) 135
- E) 142
Answer this question and see the worked solution