SOA Exam FAM Sample Question 7.18
Study guide: Exam FAM
For a fully discrete whole life insurance of 1 on (x), you are given:
(i) The net premium policy value at the end of the first year is 0.012
(ii) q_{x} = 0.009
(iii) i = 0.04
Calculate \ddot{a}_{x}.
[A modified version of Question 14 on the Spring 2015 exam]
- A) 17.1
- B) 17.6
- C) 18.1
- D) 18.6
- E) 19.1
Answer this question and see the worked solution