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Long-Term Actuarial Math Old Exam MLC Forum

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  #181  
Old 09-11-2018, 07:39 PM
Kaur Kaur is offline
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Thanks! looks like can't leave anything from the syllabus.
Good luck!


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Originally Posted by NchooseK View Post
And pensions are supposed to be “going away,” at least the jobs are. Go figure.

I do not believe the pension sections up until retiree health are very difficult at all; CA introduces them kindly and thoroughly.

The final section, the one on retiree health, is a doozy. SOA has not been very clear about it and manual writers are doing their bests using what they are given. I could see one MC or a low point short answer on this topic, but what do I know. You may even get asked to explain the normal contribution in English in a certain context.

Keep plugging.


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  #182  
Old 09-12-2018, 10:42 AM
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KarimZ KarimZ is offline
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Are you guys taking Adapt for LTAM, or relying on the published questions for practice?

Adapt worth it for this exam?
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  #183  
Old 09-12-2018, 10:52 AM
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Quote:
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Are you guys taking Adapt for LTAM, or relying on the published questions for practice?

Adapt worth it for this exam?
I am grinding all 13 ASM Practice Exams
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  #184  
Old 09-12-2018, 01:41 PM
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I am grinding all 13 ASM Practice Exams
Think Ill do the same. Should be enough practice?
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  #185  
Old 09-12-2018, 01:57 PM
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Think Ill do the same. Should be enough practice?

I believe so!
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  #186  
Old 09-12-2018, 06:23 PM
zenkei18 zenkei18 is offline
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Quote:
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Thanks all. I think doing more problems (like any other exam) would probably be better than spending more time on learning the material. Good luck to us all!
But whosoever says - you passed C, MLC should be fine for you, is an idiot (sorry) lol
Probably true, at this point doing a ton of practice exams would give me a better chance to pass than just trying to finish reading the material then doing the practice exams. Learn as I go I guess. I may still sign up, I have a couple of weeks to decide...
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  #187  
Old 09-14-2018, 02:18 AM
karenyoung karenyoung is offline
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Hello everyone! Could somebody please explain Question 8.16 in the MC LTAM released questions?

They state the answer is:



But why isn't the answer:



To me, it looks like they're not accounting for the possibility that the insured could, before time 14, transition to state 2 after transitioning to state 1. Please help, thanks!
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  #188  
Old 09-14-2018, 08:19 AM
Nyorky2428 Nyorky2428 is offline
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Quote:
Originally Posted by karenyoung View Post
Hello everyone! Could somebody please explain Question 8.16 in the MC LTAM released questions?

They state the answer is:



But why isn't the answer:



To me, it looks like they're not accounting for the possibility that the insured could, before time 14, transition to state 2 after transitioning to state 1. Please help, thanks!
The problem is only concerned if it has to pay the insurance out, which is triggered by being in state 1 for a year. It doesnít care if the person dies (State 2) after receiving the benefit
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  #189  
Old 09-14-2018, 10:45 AM
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What are these released questions? Are they different than the Past Exams which are organized by sitting dates?
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  #190  
Old 09-14-2018, 11:16 AM
windsowe windsowe is offline
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