SOA Exam FM Sample Question 356
Study guide: Exam FM-2
At a force of interest \delta_t = \dfrac{0.5}{5+0.5t},\ 0 \le t \le 6 an investment of 1000 at time t = 2 will accumulate to X at time t = 6. At an annual nominal rate of discount of 8% convertible quarterly, an investment of Y will accumulate to X at the end of two years.
Calculate Y.
- A) 1124
- B) 1129
- C) 1134
- D) 1138
- E) 1143
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