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LongTerm Actuarial Math Old Exam MLC Forum 

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#31




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#32




Just an advice to people taking this exam: Understanding isn't as important as being able to memorize and recall the formulas in the formula sheets.
I would get comfortable with all the formulas first before trying to get a deep understanding of the material. 
#33




S0(x) = (k^2  x)^0.5/k
What is S30(x)? I thought it was [(k^2  x)/(k^2  30)]^0.5 but don't think this is correct. Is it [(k^2  x  30)/(k^2  30)]^0.5?
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#34




Quote:
Future lifetime of a newborn is 30 + x, not x, so your 2nd expression is correct. Last edited by NotSmart; 01212019 at 03:59 PM.. 
#35




Again, I highly recommend you just memorize the formulas instead of trying to understand them.
Almost everyone I know who has problems with this exam tried to understand concepts when they should have been memorizing formulas. 
#37




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Your math degree is from Capital Community College, right? That's what your profile indicates. Just curious.
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"What do you mean I don't have the prerequisites for this class? I've failed it twice before!" "I think that probably clarifies things pretty good by itself." "I understand health care now especially very well." 
#40




Quote:
I'm not sure where he got the idea I majored in Math. 
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