Exercise 7.7

jvaldez84 · #1 03-06-2009, 11:41 AM

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 · #2 03-06-2009, 11:54 AM

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

Abraham Weishaus · #3 03-06-2009, 12:00 PM

Quote:

Originally Posted by 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.

Equation (7.3) is useful for this question.

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