SOA Exam FAM Sample Question 4.3
Study guide: Exam FAM
You are given:
(i) q_{60} = 0.01
(ii) Using i = 0.05, A_{60:\overline{3}|} = 0.86545
Using i = 0.045 calculate A_{60:\overline{3}|}.
[Question 7 on the Spring 2013 exam]
- A) 0.866
- B) 0.870
- C) 0.874
- D) 0.878
- E) 0.882
Answer this question and see the worked solution