58 Answered Questions for the topic actuarial science

Actuarial Science Finance

06/19/19

#### SOA Exam P Question: Exponential Distribution?

> Suppose you can borrow money at an annual interest rate of $8 \\%$ but can save money at an annual interest rate of only $5\\%$. If you start with zero capital and if the yearly cash flows of...
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Actuarial Science Finance

06/19/19

#### Annuity problem, calculating the accumulated value.?

There was an interesting problem that I would like to have some input from people who knows a bit of finance.The following is the situation.>Smith loans $\\$10,000$ for $i=5\\%$ for $10$ years. ...
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02/15/19

#### describing, evaluating and managing risk

There is a 1 percent that you will have healthcare bills of $100,000, a 19 percent chance that you will have a healthcare bill of $10,000, a 60 percent chance that you will have healthcare bills of...
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Actuarial Science Insurance Premiums

10/06/18

#### Life insurance policy questions.

Gomez purchased a life insurance policy. When he was 25 years old, he chose a $200,000, 10-year term policy at a price of $1.00 per $1.000, which at the age of 35 increased to $1.25 per $1.000. ...
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06/21/18

#### Calculate the expected amount paid

The owner of a grocery shop buys a policy to insure its revenue in the event of catastrophes (e.g. earthquakes, snowstorms etc.) that shut down the business.
The policy pays nothing for the first...
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06/01/18

#### How to solve this equation?

https://gyazo.com/63d7e0ebf578afd27c4390f8a894c797
Above is a screenshot of the equation. Ignore the first line if you aren't familiar with finance.
How do you go from the 3rd line of the...
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11/26/17

#### Mortgages pb help pleaaase

A home selling for $620,000 is to be purchased with a 30% down payment and the remainder financed through mortgage with monthly payments over 25 years. Determine the monthly payment if rates for...
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11/26/17

#### Math of Investment PB

Determine the accumulated value of monthly deposits of $770 each after 10 years if the deposits earn 9.9%/year compounded quarterly. Assume that the deposits are made at the end of each month and...
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