View Full Version : LIPF: exercise 5.2
Since I'm not going to any of the seminars, my first source to practice problems is Life Ins Prod & Finance. I picked the problems randomly for each chapter. Exercise 5.2 seems to be really easy, but somehow I can't get the numbers for Semi-annual Prem-pu to be 5.4. Any help would be appreciated.
rekrap
09-11-2008, 01:03 PM
Since I'm not going to any of the seminars, my first source to practice problems is Life Ins Prod & Finance. I picked the problems randomly for each chapter. Exercise 5.2 seems to be really easy, but somehow I can't get the numbers for Semi-annual Prem-pu to be 5.4. Any help would be appreciated.
Annual Prem = 10.
SA Prem = .51*10 = 5.10
SA Prem_pu(a) = 5.10+60/200 = 5.40
Annual Prem = 10.
SA Prem = .51*10 = 5.10
SA Prem_pu(a) = 5.10+60/200 = 5.40
Thanks, rekrap.
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