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#121




For ASM manual, 1st edition 3rd printing, on page 1588, solution for Problem 1 (c), since the single premium is only paid to those who survived to at of year 5, shouldn’t the P on the left hand side of the equation be multiplied by probability of surviving to end of year 5? Thanks.

#124




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Make sure you invest sufficient time preparing for writtenanswer questions. You can find all tips on tackling WA questions, and relevant past exam or sample MLC WA questions by topics in "LTAM Written Answer Question" under Resources. All 26 sample SOA LTAM WA questions with video solutions are there as well. Last but not least, you can find 3 sample WA exams that you can practice from as you get closer to the exam date. All the best! 
#125




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For the same practice exam, on page 1459, problem 4(c), I thought the number calculated by (a)/(b) is the annual premium and to get to the monthly premium the number will need to be decided by 12? Would you please help me understand that? Thanks! 
#127




I feel like this is a bit of a silly question. I've been doing some WA questions and when the question says something like "You should calculate the mean to the nearest 100". If that were part of a question and the next part was to ask something like "find the 90th percentile" would we be expected to use the mean calculated to the nearest 100, or the exact value?
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#128




To calculate the expected present value of future retiree benefits for those who retire at age 62 for an employee currently age 60, why do we calcaulte p62, 2p62,3p62 for retirement age 63, 64, 65 but not 2p60, 3p60, 4p60, 6p60 since the current age is 60? (ASM 1st edition 3rd printing page 1468, problem 2(b)).
Thanks! 
#129




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Last edited by Abraham Weishaus; 03302019 at 09:59 PM.. 
#130




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