Actuarial Outpost Exercise 7.7
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#1
03-06-2009, 11:41 AM
 jvaldez84 Member Join Date: Feb 2007 Location: Houston, TX Studying for C College: Texas A&M Alumni Posts: 1,053
Exercise 7.7

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.
#2
03-06-2009, 11:54 AM
 Actuarialsuck Member Join Date: Sep 2007 Posts: 5,361

Can you write down some function that relates $e_{26}$ and $e_{25}$? i.e. $e_{25} \, = \, a \, + \, b \cdot e_{26}$?
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#3
03-06-2009, 12:00 PM
 Abraham Weishaus Member SOA AAA Join Date: Oct 2001 Posts: 6,218

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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