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LongTerm Actuarial Math Old Exam MLC Forum 

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#24




The Illustrative Life Table from the SOA made me cringe, so I fed it through optical character recognition, imported it into Excel, cleaned up what OCR missed, and produced a clean copy.
I did a quick check by dividing adjacent factors and looking for any irregularities, so pretty sure it's good. Let me know if I missed anything.
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Last edited by DG11; 04062013 at 09:04 PM.. 
#25




Study Notes
Here are some study notes that I put together. If you end up using them, let me know if you find any errors or anything to add.
Details:
UPDATE: 20130422 new file included in next page of discussion Last edited by mathercize; 04222013 at 04:38 PM.. 
#26




@DG11 and mathercize
thanks guys, these are some great additions!
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#28




Quote:
One formula I've found useful on P, FM, MFE, and MLC so far that I don't see here is a further generalized form of the Geometric Series to sum from m to n, as opposed to summing just from 0 to n. Familiar Geometric Series Generalized Geometric Series Edit: Just in case imgur isn't loading the equations, generalized form is sum(k=m, n) r^k = ( r^m ( 1  r^( n  m + 1 ) ) ) / ( 1  r )
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Last edited by DG11; 04112013 at 06:17 PM.. 
#29




Quote:

#30




Quote:
Edit: I think the last survivor relation for the lifetime RV T is stated incorrectly near the end. Last edited by Kaner3339; 04212013 at 03:34 PM.. 
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