Enrolled Actuary Exam Prep

Category - Enrolled Actuary

In a service table, you are given the following: Number of actives at exact age 40 1,500 Number of voluntary terminations between exact ages 40 and 41 30 Number of involuntary terminations between exact ages 40 and 41 20 Number of disability retirements between exact ages 40 and 41 10 Number of deaths between exact ages 40 and 41 12 All decrements are uniform over the year of age 40 to 41. q = rate of mortality at age 40 in the associated single decrement table.In what range is q?
  1. Less than 0.00815
  2. 0.00815 but less than 0.00817
  3. 0.00817 but less than 0.00819
  4. 0.00819 but less than 0.00821
  5. 0.00821 or more
Explanation
Answer: B - 0.00815 but less than 0.00817
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz