Exercise 7.7

[jvaldez84]

What does it mean to "use the recursive formula to get e_{26} and then e_{25}

I would write the problem out but it involves subscripts and underscripts and do not know how to do that.

[Actuarialsuck]

Can you write down some function that relates e_{26} and e_{25} ? i.e. e_{25} \, = \, a \, + \, b \cdot e_{26} ?

[Abraham Weishaus]

What does it mean to "use the recursive formula to get e_{26} and then e_{25}

I would write the problem out but it involves subscripts and underscripts and do not know how to do that.

Equation (7.3) is useful for this question.