Reserve question 10V versus 10Vx

[samdman82]

On ASM 10th edition 2nd printing, chapter 29 #24...

10Vx is given as 0.2, and asks you to calculate 10V (the benefit reserve at the end of year 10).

I'm having trouble understand the difference between what 10Vx means and what 10V means. Can someone help? Thanks in advance.

[Actuarialsuck]

There's a few threads that discuss this problem. Look around for those threads and if you can't find it, ask again I guess.

[Gandalf]

10Vx is a defined symbol: it is always for a whole life insurance on x. 10V is a generic symbol, to be defined in the problem (normally, it will be defined as the reserve for whatever insurance was described in the problem.)