Actuarial Notes

SOA Exam FAM Sample Question 3.6

Study guide: Exam FAM

You are given the following extract from a table with a 3-year select period:

x q_{[x]} q_{[x]+1} q_{[x]+2} q_{x+3} x+3
60 0.09 0.11 0.13 0.15 63
61 0.10 0.12 0.14 0.16 64
62 0.11 0.13 0.15 0.17 65
63 0.12 0.14 0.16 0.18 66
64 0.13 0.15 0.17 0.19 67

e_{64} = 5.10

Calculate e_{[61]}.

[Question 2 on the Spring 2014 exam]

  • A) 5.30
  • B) 5.39
  • C) 5.68
  • D) 5.85
  • E) 6.00

Answer this question and see the worked solution

Concepts tested

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