Actuarial Notes

SOA Exam FAM Sample Question 3.16

Study guide: Exam FAM

You are given:

(i) The following extract from a three-year select and ultimate table:

[x] q_{[x]} q_{[x]+1} q_{[x]+2} q_{x+3} x+3
50 0.020 0.031 0.043 0.056 53
51 0.025 0.037 0.050 0.065 54
52 0.030 0.043 0.057 0.072 55
53 0.035 0.049 0.065 0.091 56
54 0.040 0.055 0.076 0.113 57
55 0.045 0.061 0.090 0.140 58

(ii) Mortality follows a uniform distribution of deaths over each year of age

Calculate 1000\left({}_{0.6|1.5}q_{[52]+1.7}\right).

[Question on October 2022 FAM-L Exam]

  • A) 91
  • B) 92
  • C) 93
  • D) 94
  • E) 95

Answer this question and see the worked solution

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