Actuarial Science 2053 In-class Quiz #7 (V1)
Name:
1. You are given: qX = 0.02x 1.19, x 2 60. Based on this, calculate the probability that
(62) will die between ages 64 and 67. (show all symbols)
Wednesday, March 9, 2011
Student Number:
.1, 39m 711191 a

Shortcut Tables
Values of 1000 nEx for values of x = 20 to 75
and for selected values of n are given in
Table 3 (page 426-427)
Back to Example 10.3.1
We could have used table 3 to determine the
answer to (a):
NSP
= 10(100010E20)
= 10(637.0197)
= $6,370.20

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28.3 The Business Cycle Overview
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Ihe main criticisms of RBC theory include all of the follouing atcepr'
32 productiyity shocks are as ltely to be cau

23.3 The Business Cycle
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Overview
20 3 Review Quiz 4 {static}
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According to REC theory; the main source of economic uctuations is a decrease in
the demand fo

Select and Ultimate Mortality Tables
(section 9.7)
The mortality rates, qx, of a group of insured
lives is lower than the mortality rates of the
general population
one reason for this is that to obtain a life
insurance policy, a person must prove that
he

Probablll btfdléeg e. Eadie-n 2
Part A .
1. Given that the probability of having a male
baby is equal to the probability of having a'
female baby, determine the following
probabilities:
a) the probability of having 2 boys in a family
of 3 children;
b) the

Chapter 10 Life Annuities
Review Interest Only Annuities
(section 10.1)
Net Single Premiums (section 10.2)
In chapter 10 and 11 we will be interested in
determining the present value of future cash
flows, where the cash flows are no longer
certain to be m