Enrolled Actuary Exam Prep

Category - Enrolled Actuary

Selected values from a two-decrement table: q1(1)X = 0.03 q(2)X = 0.10 Each decrement is assumed to be uniformly distributed between ages x and x +1 in the associated single-decrement table. In what range is q(r)X ?
  1. Less than 0.1270
  2. 0.1270 but less than 0.1280
  3. 0.1280 but less than 0.1290
  4. 0.1290 but less than 0.1300
  5. 0.1300 or more
Explanation
Answer: C - 0.1280 but less than 0.1290
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