SOA Exam FM Sample Question 17
Study guide: Exam FM-2
Payments are made to an account at a continuous rate of (8k + tk), where 0 \leq t \leq 10.
Interest is credited at a force of interest \delta_t = \dfrac{1}{8+t}.
After time 10, the account is worth 20,000.
Calculate k.
- A) 111
- B) 116
- C) 121
- D) 126
- E) 131
Answer this question and see the worked solution