Help with ASM 3ed Section 1g

[IAmTensai]

Regarding asm 3rd edition, section 1g (page 47), The section is about variable force of interest.

I am confused about question #7. (SOA 5/91 #14)
The question only has 2 lines:
"gives a delta(t) = (0.2t)/(1+0.1t^2)
then asks to Determine i2 (2 is subscript)"

The solution is to find the effective annual i for the 2nd yr, so it's a integration from 1 to 2.

However, i can't figure out where to pick up the clue that the question is asking for that particular i.
I thought the question was defective with missing information, but i don't see it in the erreta.

Should I always assume i(subscript 2) notation is equivalent to the annual effective rate of interest for the 2nd year?

Thanks in advance

[Gandalf]

I'm not sure, but I think that is the notation Kellison, probably the only book on the syllabus in 1991, used. It may or may not be the notation in the current syllabus.

[michael solomon]

yes. i subscript 2 means i in the second year, at least in ASM. you'll get used to all the different notations - i superscript (2) etc, as you go through the manual.

[stbaugh13]

i subscript 2 does not mean i in the seond year. It means the nominal rate of interest paid semi-annually

[Gandalf]

i subscript 2 does not mean i in the seond year. It means the nominal rate of interest paid semi-annually
No. The symbol for that would be superscript 2, in parentheses.

[no driver]

i_{\small2} = interest earned in year 2

i^{\small(2)} = nominal rate of interest compounded semiannually

See pages 6 and 7 in ASM 3rd ed for the introduction of the i_t notation.

[IAmTensai]

I guess if it's not stated, thats the assumption i will be making.

Thank you