Actuarial Notes

SOA Exam FAM Sample Question 3.13

Study guide: Exam FAM

A life is subject to the following 3-year select and ultimate table:

[x] \ell_{[x]} \ell_{[x]+1} \ell_{[x]+2} \ell_{x+3} x+3
55 10,000 9,493 8,533 7,664 58
56 8,547 8,028 6,889 5,630 59
57 7,011 6,443 5,395 3,904 60
58 5,853 4,846 3,548 2,210 61

You are also given:

(i) e_{60} = 1

(ii) Deaths are uniformly distributed over each year of age

Calculate \mathring{e}_{[58]+2}.

[Question 1 on the Fall 2017 exam]

  • A) 1.5
  • B) 1.6
  • C) 1.7
  • D) 1.8
  • E) 1.9

Answer this question and see the worked solution

Concepts tested

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