SOA Exam FM Sample Question 312
Study guide: Exam FM-2
Deposits of 100 are made to an account today and one year from today. The annual force of interest at time t in years for this account is:
\delta_t = 0.03 + 0.005t, \quad 0 \le t \le 3
Calculate the account balance two years from today.
- A) 211.07
- B) 211.87
- C) 216.05
- D) 216.79
- E) 220.24
Answer this question and see the worked solution